28 min listen
JPMorgan Sees Value in Asset-Backed Consumer Debt
JPMorgan Sees Value in Asset-Backed Consumer Debt
ratings:
Length:
43 minutes
Released:
Jun 6, 2024
Format:
Podcast episode
Description
The best credit investments are in asset-backed securities, particularly those linked to US households, according to JPMorgan Asset Management. “We absolutely see opportunities for yield pickup there,” says Kay Herr, the firm’s chief investment officer for US fixed income, in the latest Credit Edge podcast from Bloomberg Intelligence. “The consumer’s going to be OK,” she tells Bloomberg News’ James Crombie and Bloomberg Intelligence Senior Credit Analyst Julie Hung. The CIO meanwhile flags potential risks building in private credit that could ripple through high-yield debt markets. Also in this episode, Herr and Hung discuss retail trends as high- and low-income consumers diverge. See omnystudio.com/listener for privacy information.
Released:
Jun 6, 2024
Format:
Podcast episode
Titles in the series (75)
The $64 Billion Hidden Debt Hazard; SoftBank Focus by The Credit Edge by Bloomberg Intelligence