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The Credit Edge by Bloomberg Intelligence The Credit Edge by Bloomberg Intelligence Bloomberg FLOOD PROTECTION SECRETS by Dr Andreas Klippe|Homeowner|Businessman|Public Servant|Architect/ Engr. FLOOD PROTECTION SECRETS by Dr Andreas Klippe|Homeowner|Businessman|Public Servant|Architect/ Engr. “DR. FLOOD” Andreas Klippe - Engineer, Entrepreneur, Book Author Omni Talk Retail Omni Talk Retail Omni Talk Retail Focus with Paul W. Smith Focus with Paul W. Smith Cumulus Media Detroit Finanz-Szene - der Podcast Finanz-Szene - der Podcast Christian Kirchner, Heinz-Roger Dohms FIRMA.FUSSBALL.FAMILIE. | Der 15-Minuten-Kick für starke Unternehmer FIRMA.FUSSBALL.FAMILIE. | Der 15-Minuten-Kick für starke Unternehmer Michael H. Metzger | Unternehmertrainer, Familienvater, Mutmacher, Autor | migellum GmbH Closing Market Report Closing Market Report Todd E. Gleason Interior Design San Diego - Presented by ASID San Diego Interior Design San Diego - Presented by ASID San Diego Rachel Larraine Crawford Buy the dip Buy the dip Buy the dip Higher Ed Pulse Higher Ed Pulse Mallory Willsea Minnesota Now Minnesota Now Minnesota Public Radio Safe Money and Retirement Safe Money and Retirement John Heischman SugarMamma’s Fireplay SugarMamma’s Fireplay Canna Campbell SugarMammaTV What the Flux What the Flux Flux eCommerce Evolution eCommerce Evolution Brett Curry This Morning With Gordon Deal This Morning With Gordon Deal Compass Media Networks Add To Cart: Australia’s eCommerce Show Add To Cart: Australia’s eCommerce Show Nathan Bush SignalsAZ.com - Arizona News Podcast SignalsAZ.com - Arizona News Podcast Talking Glass Media, LLC Youth Justice Transformation in Action Youth Justice Transformation in Action National Resource Center for the Transformation of Youth Justice (nrctyj.org) Federal Employees Retirement & Benefits Podcast by CD Financial Federal Employees Retirement & Benefits Podcast by CD Financial Charles Dzama Markets Now with Michelle Rook Markets Now with Michelle Rook Michelle Rook Techlandia Techlandia Technology Association of Oregon Power Analysis Power Analysis Anthony Power & Bryce McNallie Rebel Economics with Professor Steve Keen Rebel Economics with Professor Steve Keen Professor Steve Keen eXp Executive Masterclass eXp Executive Masterclass eXp University Bitácora Bitácora Renacer Foundation Retirement Huddle Radio Show with Mark Howard Retirement Huddle Radio Show with Mark Howard Mark Howard The Good Builder Podcast The Good Builder Podcast The Good Builder KeyConnectAI: The Revenue Playbook KeyConnectAI: The Revenue Playbook KeyconnectAI The Heavy Hitter DJs Podcast The Heavy Hitter DJs Podcast theheavyhitterdjspodcast The 7-Minute Harvest The 7-Minute Harvest Eric Hayes Peter Pru | Option Sellers School Peter Pru | Option Sellers School Peter Pru NFRRS Magazines & Periodicals NFRRS Magazines & Periodicals Niagara Frontier Radio Reading Service Between Two Chairs - Demystifying Commercial Real Estate Between Two Chairs - Demystifying Commercial Real Estate Fernando Arencibia, Jr. and Jennifer Wollmann The SME Stream The SME Stream iHeartRadio NZ Les invités de Charles Gave Les invités de Charles Gave Institut des Libertés Stock Movers Stock Movers iHeartPodcasts
The Credit Edge by Bloomberg Intelligence

Business

The Credit Edge by Bloomberg Intelligence

Bloomberg

Europe's Largest Asset Manager Warns of AI Debt Deluge Crowding Out

June 25, 2026 11:16am 49 min

Further acceleration in AI debt issuance has the potential to steer demand away from government bonds, according to Amundi, Europe’s largest asset manager. “At some point it could have a crowding effect, but we are not t...

Real Estate Is Next Bet for Debt Investors Avoiding Private Credit

June 18, 2026 1:00pm 45 min

Private credit disarray spells opportunity for housing giant Pretium, which targets high returns by lending to US homebuilders. “Our private credit looks a little bit different than other private credit in the sense that...

Oaktree Says Boring is Beautiful In Dicey Private Credit Market

June 11, 2026 3:07pm 56 min

Private lenders are going back to basics as debt trouble spreads, market participants tell Bloomberg News’ James Crombie in this special episode of the Credit Edge podcast. “Boring is beautiful, boring is better right no...

Goldman Sachs Sees ‘Uncomfortable Tension’ in Credit Markets

June 04, 2026 3:00pm 46 min

Robust demand from pensions and insurance companies will support corporate debt through macroeconomic headwinds and record supply, according to Goldman Sachs. “Spreads are tight to the prewar levels when the facts on the...

Veteran ABS Investor Sees ‘Max Uncertainty With Max Complacency’

May 28, 2026 3:05pm 54 min

Bad software loans will cause credit-market trouble that recalls aspects of the global financial crisis, according to American Century Investments. “We call it max uncertainty with max complacency,” says Paul Norris, ref...

Principal Sees High-Grade Downgrade Risk as Issuance Ramps Up

May 21, 2026 3:00pm 42 min

Blue-chip companies, including hyperscalers, may be jeopardizing their credit ratings by piling on debt, according to Principal Asset Management. “We have seen some downgrades, and I would expect that that would continue...

Private Credit Has a Weak Underwriting Discipline Problem

May 19, 2026 10:56am 30 min

Loose underwriting standards are increasingly troubling for private credit market participants, according to Bloomberg Intelligence. “This concern has been growing for a period of time,” David Havens, BI’s senior analyst...

JPMorgan Is Wary of Another Big Leap in AI-Related Spending

May 14, 2026 3:00pm 50 min

JPMorgan Asset Management sees value in the debt of companies building out AI, but it’s keeping a close eye on how much more they plan to spend next year. “If we’re seeing capex increase at the same rate that we saw 2025...

HarbourVest Expects Private Credit Secondaries Volume to Double

May 07, 2026 3:00pm 50 min

Secondary trading of private credit is on track to more than double last year’s record volume, according to HarbourVest Partners. “Through the first quarter we’re run-rating above $50 billion this year,” Greg Ciesielski,...

Citi Warns of Private Debt Risk as ‘Tourists’ Are Forced to Sell

April 30, 2026 3:55pm 49 min

Rookie private lenders that have to sell in a downturn are a potential threat to credit markets, according to Citi. “If the cycle turns and these tourists, rather than working out loans, just start selling them at below ...

Sycamore Tree Tips Chemicals in Iran Jam

April 23, 2026 3:00pm 46 min

Middle East shipping disruptions are boosting US companies bruised by cheap Chinese supply, according to Sycamore Tree Capital Partners. “It really slows down the ability for some of those Asian-based chemical companies ...

Davidson Kempner Sees a $770 Billion Stressed Debt Opportunity

April 16, 2026 3:00pm 52 min

US companies with $770 billion in loans are hitting a wall as interest rates stay elevated, according to Davidson Kempner. “We’re in year three of what’s already the longest default cycle in 20 years,” Suzy Gibbons, the ...

BDC Bond Bust Creates Opportunity for $622 Billion Asset Manager MFS

April 09, 2026 3:07pm 51 min

A retail exodus from business-development companies has dragged their debt to levels that are starting to look attractive, according to MFS Investment Management. “Pressure for redemptions that they’re facing likely ends...

PGIM Sees 'Chilling Effect' on Private Credit From BDC Storm

April 02, 2026 1:58pm 47 min

Business development company turmoil is making direct lenders cautious on corporate debt risk, according to PGIM, which oversees more than $200 billion in private credit. “It’ll have a bit of a chilling effect,” Matt Har...

European PE Giant Permira Looks to Buy Beaten Up Software Loans

March 26, 2026 11:00am 49 min

The plunge in software debt creates opportunities to buy cheap loans from companies that will survive AI disruption, according to Permira Credit. “The market has overreacted,” Ian Jackson, the firm’s head of strategic op...

BDC Veteran Expects Private Credit Fund Stress as Banks Pull Back

March 19, 2026 3:03pm 47 min

A bank retreat from private credit piles pressure on business development companies already reeling from a wave of redemptions, according to SLR Investment Corp. “You’re starting to see banks get nervous and start to pul...

Third Point Is Looking to Buy as Others Sell Amid Rising Turbulence

March 12, 2026 3:00pm 48 min

Third Point is getting ready to scoop up credit assets that others have to sell to raise liquidity as cracks in the market spread. “This is probably one of the most exciting times to be a credit investor,” Shalini Sriram...

How to Position for a Long War in Iran

March 10, 2026 3:05pm 35 min

Consumer discretionary companies are at risk of downgrades and default if the war in the Middle East drags on, according to Bloomberg Intelligence. “We’ll definitely see a bunch of companies that have been holding on fin...

Capital Group Spies High-Yield Software Opportunity in Debt Meltdown

March 05, 2026 3:00pm 47 min

Fear of software defaults amid AI disruption creates opportunity for high-yield debt buyers, according to Capital Group, which has $3.2 trillion under management. “Markets are adopting a bit of a shoot first ask question...

Bain Sees Software Debt Defaults Spiking

February 26, 2026 3:00pm 44 min

Software default rates could hit double digits as AI disruption spreads and loans come due, according to Bain Capital. “We’re going to see real stress,” said Angelo Rufino, the firm’s head of special situations in North ...

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