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Investor Demand Remains Robust for High Quality Corporate Debt
Episode 20
Published 2 years, 4 months ago
Description
Summary: The BlueBay US Fixed Income team is seeing strong demand in the secondary market for new corporate bond issuance. Investors seem enticed by the high current coupons, the strong macro-economic background and the prospect of future rate cuts, explains Stephen Fitzsimmons.
Key points-
- High current coupons and levels of carry on high quality corporate debt are enticing to investors.
- Recent positive developments on the US macroeconomic front are driving demand.
- The market is also supported by the expectation of rate cuts next year, but there are risks to that projection.