State of Distressed Debt: Ellias on Reorganizations’ Global Bazaar
In this June 2026 episode of Bloomberg Intelligence’s State of Distressed Debt, hosts Noel Hubert, Nagisa Baluku, and Phil Brindell review current market conditions—highlighting modestly elevated distress ratios in high‑yield bonds and leveraged loans, sector‑specific stress, and the paradox of tight spreads despite a steady default rate. They then interview Harvard Law professor Jared Elias, co‑author of “The Global Law of Debt,” who explains how cross‑border legal networks between New York and London (and increasingly Asia) have reshaped corporate restructuring, debunking the notion of a one‑way Americanization and revealing a truly global, bidirectional flow of debt‑restructuring expertise. Elias traces the historical evolution from 17th‑century London finance to modern trans‑Atlantic legal collaboration, noting that the legal profession lags financial globalization by about two decades. The discussion underscores the growing importance of understanding these international dynamics for investors navigating distressed‑debt opportunities.
Macro Matters: JPMorgan’s Misra on Rates, Credit and Warsh Fed
In this episode of FIC Focus, JPMorgan Fixed Income Portfolio Manager Priya Mishra explains the "Core Plus" approach of the JCPB ETF and Core Plus Bond Fund, which adds macro‑driven duration, sector and convexity tilts to the Bloomberg AG benchmark....
FX Moment: Euro-Dollar 2H Outlook Could Be a Tale of Two Stories
In this FX Moment episode, Bloomberg Intelligence’s chief FX strategist Audrey Charles Freeman and Laura Cooper, head of macro strategy at Nuvin, dissect the Euro‑Dollar outlook through H2 2024 and into 2027. They argue that while structural forces—such as a...
State of Distressed: Mudrick on the Post-LME Maturity Wall
In this episode of State of Distress, Bloomberg Intelligence’s Phil Brendel and Nagisa Bluku interview Jason Mudrick of Mudrick Capital, a $3 billion distressed‑credit firm. Mudrick explains how liability‑management transactions (LMEs) have evolved from rare, aggressive deals to a more structured,...
Macro Matters: DWS’ Catrambone on Long-End Selloff, Warsh Fed
In this episode of Macro Matters, Bloomberg Intelligence’s Ira Jersey talks with George Katchenbohn, Head of Fixed Income for the Americas at DWS Group, about the recent surge in long‑term U.S. Treasury yields, now above 5% on the 30‑year, and...
Macro Matters: NISA Investments’ Douglass on Fed, Fiscal Outlook
In this episode of FIC Focus, Bloomberg Intelligence chief interest‑rate strategist Ira Jersey talks with Stephen Douglas, chief economist of NISA Investments, about the firm’s $480 billion in assets and its client‑focused, liability‑driven approach. Douglas outlines the macro outlook, noting that...
Macro Matters: BI’s Ira Jersey Talks Fed & US Rates Outlook
In this 11‑minute Macro Matters episode, Bloomberg Intelligence chief interest‑rate strategist Ira Jersey outlines the Fed’s likely stance over the next two to six months, predicting a hold on policy through at least September and noting the difficulty of cutting...
EM Lens: Investors Aren’t Packing Their EM Bags Just Yet
In this episode of Emerging Markets Lens, senior EM fixed‑income manager Araf Joshi discusses how the Iran‑related oil shock is tightening LNG supplies and pressuring Asian and African economies, leading to higher bond spreads and fiscal stimulus measures. He contrasts...
Masters of the Muniverse: New York City and the Market’s Future
In this episode of FIC Focus, Bloomberg Intelligence’s Matthew Gastahl and senior associate Karen Altamirano sit down with Pat Luby, head of municipal research at Credit Sites, to discuss the evolving landscape of independent municipal research, the fiscal outlook for...
Credit Crunch: Around the World of Global Credit in 60 Minutes
In this 60‑minute special, Bloomberg Intelligence’s global credit team walks through the latest dynamics across regions, starting with the Gulf Cooperation Council (GCC) where Basel Al‑Wakayan notes a surprisingly resilient credit market post‑ceasefire, tighter sovereign spreads and a shift toward...
Credit Crunch: Saturna’s Drum on Sukuk Growth, Geopolitical Risk
In this episode of Bloomberg Intelligence’s FIC Focus, host Noel Hebert talks with Patrick Drum, fixed‑income lead at Saturna Capital, about the rapidly expanding sukuk market – the Islamic‑compliant bond universe now exceeding $1 trillion in issuance. Drum outlines the market’s...
State of Distressed Debt: Weber, Aguirre on Attaining Owner DNA
In this April 2026 episode of Bloomberg Intelligence’s State of Distressed Debt, hosts Noel Hebert, Phil Brundell, and Nagisa Beluku review recent market trends—highlighting a modest decline in distressed high‑yield ratios, sectoral stress in communications and technology, and the lingering...
FX Moment: Iran War Shift First Step Out of Sterling Bear Cycle
In this episode of FX Moment, Chief FX Strategist Audrey Charles Freeman and Chief UK Economist Dan Hansen examine how the recent US‑Iran cease‑fire announcement is easing market sentiment and reshaping the outlook for sterling. They argue that the war‑driven...
Macro Matters: The Auto ABS Landscape With BI’s Chadehumbe
In this episode, Bloomberg Intelligence ABS strategist Rod Chattagumbe discusses his newly released Auto ABS Primer, highlighting that auto ABS spreads have compressed to below their five‑year average and now appear relatively rich. He explains that strong upgrade‑to‑downgrade ratios—154 upgrades...
All Options Considered: Iran War, Hormuz and Market Tails
In this episode, Tanvir Sandhu and CFR senior fellow Edward Fishman dissect the evolving objectives of the U.S.-Israel conflict with Iran, focusing on control of the Strait of Hormuz and its implications for global oil supplies. Fishman argues that the...