23 min listen
Riskiest Junk-Bond Bets Pay Off; the AI Explosion
Riskiest Junk-Bond Bets Pay Off; the AI Explosion
ratings:
Length:
40 minutes
Released:
Oct 12, 2023
Format:
Podcast episode
Description
Fortune favors the bold in credit markets this year, with the biggest returns coming from the highest-risk debt. To analyze why and what’s next, we’re joined by Gowri Gurumurthy, a veteran high-yield bond reporter at Bloomberg News. Triple C rated bonds and leveraged loans are poised to extend gains barring a major geopolitical shock, while defaults will probably stay low, Gurumurthy says. Also in this episode of the Credit Edge, Bloomberg News senior editor James Crombie asks Bloomberg Intelligence analyst Robert Schiffman about the outlook for the technology sector amid an explosion in artificial intelligence. Nvidia is the poster child for AI, with huge potential to increase free cash flow, Schiffman says.See omnystudio.com/listener for privacy information.
Released:
Oct 12, 2023
Format:
Podcast episode
Titles in the series (67)
Private Credit Booming With M&A Deals by The Credit Edge by Bloomberg Intelligence