Real Vision: Finance & Investing19 Apr 2022

Why You Need To Know About the High-Yield Bond Market

“The Fed has been in the business of suppressing volatility in financial assets for most of the post-Global Financial Crisis period,” notes Bill Zox, “but they are out of that business now.” According to Zox, co-portfolio manager at Brandywine Capital, tighter financial conditions to contain inflation mean wider credit spreads and lower equity prices. Zox joins Maggie Lake for today’s Real Vision Daily Briefing to talk about opportunities for investors in the high-yield bond market amid unprecedented uncertainty at the macro level. War in Eastern Europe has only added to global inflationary pressures. But close to 20% of high-yield is in energy companies and other commodities producers that benefit from an inflationary environment. And inflation is good for credit quality, as the value of fixed-rate debt declines and principal and interest payments are made in inflated dollars. As Zox explains, high-yield can be hit particularly hard by volatility and illiquidity. But, as long as you can hold through these periods, “this is what creates the long-term opportunity.” Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3MexfLo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Oppdag Premium

Prøv 14 dager gratis

Kjøp Premium

Episoder(2080)

US Jobs Miss, China Inflation Hopes, and Crypto Policy Shifts: PALvatar Market Recap, January 09 2026

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal’s AI avatar, Palvatar. ⬜ In today’s update, P...

9 Jan 5min

Red Equities, Strong Services, and Crypto Volatility: PALvatar Market Recap, January 08 2025

8 Jan 5min

Trading the Markets: January 07, 2026 | Kris Bullock and Nico Brugge

☀️ Crypto Gathering Miami 2026: not everyone wants the full conference sprint. That’s why there’s the Social Pass ($300): welcome drinks, beach party, and Drinks with @RaoulGMI LIVE 🍷 ☀️ Right now i...

7 Jan 29min

Geopolitics Stall the Rally, Europe Hits Inflation Target, and Crypto Volatility: PALvatar Market Recap, January 07 2026

7 Jan 5min

US Stocks Near Records, Weak ISM PMI, and Bitcoin ETF Flows Surge: PALvatar Market Recap, January 06 2025

6 Jan 5min

New Year, New Geopolitical Shockwaves | Macro Mondays: January 05, 2026

🔥 Crypto Gathering Miami 2026: Get your tickets today: https://rvtv.io/3K36sq1 A volatile start to 2026 as geopolitics, oil, and liquidity collide. The first Macro Mondays of 2026 kicks off with gl...

5 Jan 35min

Geopolitical Shock, Asian Equities Rally, and Crypto’s Strong Start: PALvatar Market Recap, January 05 2026

5 Jan 4min

Year-End Macro Wrap | Macro Mondays: December 22, 2025

🔥 Crypto Gathering Miami 2026: Get your tickets today: https://rvtv.io/49QZAGI It’s the final Macro Monday show of 2025…! Andreas Steno and Mikkel Rosenvold of Steno Research are here to recap what ...

22 Des 202533min

Reklamefrie Premium-podkaster

Hør populære podkaster som Storefri med Mikkel og Herman, Ida med hjertet i hånden, Krimpodden og mye mye mer

Skap din egen podkastboble

I appen skaper du ditt eget bibliotek med favoritter, og vi gir deg også anbefalinger til podkaster du ikke kan gå glipp av.

Prøv 14 dager gratis

Dersom du er ny Podme-bruker får du 14 dager gratis prøveperiode når du oppretter abonnement

Premium

99 kr/ måned

Tilgang til alle våre Premium-podkaster
Alle podkaster fra VG, Aftenposten, BT og SA
Reklamefritt Premium-innhold
Ingen bindingstid. Avslutt når du ønsker

Prøv 14 dager gratis

Premium

129 kr/ måned

Tilgang til alle Premium-podkaster
Alle podkaster fra VG, Aftenposten, BT og SA
Reklamefritt Premium-innhold
Ingen bindingstid. Avslutt når du ønsker
En Ekstra bruker

Prøv 14 dager gratis

Populært innen Business og økonomi

tid-er-penger-en-podcast-med-peter-warren

Historiene og stemmene du vil høre

Ubegrenset tilgang til alle dine favorittpodkaster og lydbøker

Les mer