Milwood Hobbs, Deputy CIO of Oaktree’s Strategic Credit platform, and Meghan Robson, Head of US Credit Strategy at BNP Paribas, were featured on Bloomberg's "Bloomberg Real Yield" with Scarlet Fu. They discussed the record-breaking credit issuance observed in high-grade US sales during August.
The discussion highlighted that a significant "momentum" is driving these unprecedented credit sales. This momentum indicates robust activity within the high-grade US credit market, suggesting strong investor demand and corporate borrowing.
The context of this discussion likely involves the broader trends in bond markets, where Europe has also seen record bond sales with €38.5 billion ($44.7 billion) this week, and the US investment-grade bond market has seen the most issuers since January, offering $27.6 billion in notes. This confluence of factors points to a period of heightened activity across global credit markets, particularly in the investment-grade segment.
