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Podcast: FICC Focus
Episode: Prof. Jacoby on Mass Torts & Bankruptcy, Distressed's Slow Climb: State of Distressed Debt
Description: With distressed supply settling back following a test of June’s highs, Bloomberg Intelligence expects it may consolidate a bit between $100-$150 billion as seasonal trends turn supportive in December, and believes this distressed supply rise will continue, however, more likely in drawn out and steady fashion rather than quick and volatile. FICC Focus offers the latest market views on interest rates, corporate bonds, emerging-market debt, commodities and currencies by Bloomberg Intelligence analysts. In this State of Distressed Debt edition, Global Credit Strategy head Noel Hebert and distressed credit analyst Philip Brendel discuss the leisurely pace of thi...