• Vanguard Is Cautious on Junk as Economy Gets Turbulent

  • Nov 7 2024
  • Length: 40 mins
  • Podcast

Vanguard Is Cautious on Junk as Economy Gets Turbulent

Listen for free

View show details

  • Summary

  • The US economy heading for a potentially “turbulent landing” may spell trouble for junk bonds, according to Colleen Cunniffe, head of global taxable credit research at Vanguard. “We’re actually relatively cautious on high yield at the moment from a broad perspective,” Cunniffe tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Himanshu Bakshi in the latest Credit Edge podcast. The world’s second-largest asset manager prefers debt rated BBB, bonds from utilities and banks, as well as asset-backed securities in the auto sector. Cunniffe and Bakshi also discuss commercial mortgage-backed securities, the impact of consumer stress on bank asset quality and emerging markets.

    See omnystudio.com/listener for privacy information.
    Show More Show Less
Show More Show Less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Vanguard Is Cautious on Junk as Economy Gets Turbulent

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.co.uk reviews

Amazon reviews
No Reviews are Available