FICC Focus

In this Masters of the Muniverse edition, host BI Senior US Municipal Strategist, Eric Kazatsky is joined by Jim Colby, Senior Municipal Strategist of Van Eck, to discuss high yield municipals heading into 2022, and navigating a black swan event for an ETF.

In this Macro Matters edition, host BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by Ian Shepherdson, Chief Economist at Pantheon Macroeconomics, to discuss inflation dynamics and the Federal Reserve's reaction function. Shepherdson doesn't believe the Fed will hike prior to 3Q22, even with the next few months' inflation running very hot. In a second segment, Interest Rate Associate Strategist Angelo Manolatos reviews his views on Canadian interest rates and suggests that the Bank of Canada may hike prior to the Fed, and rates generally should climb in 2022.

In this Credit Chat edition, our global team of energy and utility analysts (Spencer Cutter, Jaimin Patel and Paul Vickars) join Robert Schiffman to share their views on the sectors biggest risks and rewards as inflationary pressure and demand are rising.

In this State of Distressed Debt edition, BI bankruptcy litigation analyst Negisa Balluku and distressed credit analyst Philip Brendel join Global Credit Strategy head Noel Hebert to discuss how distressed debt may be stuck in a trough through May. Also discussed: The latest in Johnson & Johnson's subsidiary's (LTL Management LLC) bankruptcy filing as well as GTT Communications' pre-packaged filing.

This Muniland edition, hosted by Municipal Strategist Eric Kazatsky, focuses on muni ETF industry.Neil Azous, PM for Rareview Tax Advantaged Income ETF (RTAI). discusses muni ETF industry, Closed End Funds and how being a new player in the industry can give edge.

This Macro Matters edition, hosted by BI Chief U.S. Interest Rate Strategist Ira Jersey, focuses on central banks' outlooks. Dan Hanson of Bloomberg Economics discusses the Bank of England and his view that higher inflation now may push the bank to hike too quickly, causing inflation to undershoot after a few years. Interest Rate Associate Strategist Angelo Manolatos reviews the Bank of Canada meeting and shares his skepticism of the early hikes the market is pricing. And host Jersey gives his views of the Federal Reserve taper and suggests that the Fed may wait longer than the market is anticipating to hike, which may lead to further yield curve steepening.Original recording date: October 21, 2021

In this Credit Chat edition, our global team of consumer analysts including Jody Lurie, senior travel and leisure analyst, Mary Ross Gilbert, senior U.S. consumer products analyst, and Louise Parker, European consumer staples analyst, join Robert Schiffman to share their outlook for consumer credits, with systemic risk and inflationary pressures showing signs of rising.

In this EM Lens & Look-Through edition, Alessio de Longis, Senior Portfolio Manager and Head of Global Tactical Asset Allocation for Invesco, joins Damian Sassower of Bloomberg Intelligence to discuss the smart-beta revolution, as factor-based investment expands from equities to fixed income and foreign exchange. De Longis shares his views on factor-based investment performance across different beta regimes, and highlights the growing importance of emerging market risk premia. The two focus on the importance of active management, portfolio diversification, market liquidity and tail risk when taking a factor-based approach to investment.

In this Macro Matters edition, host and BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by BI Chief G10 FX Strategist Audrey Childe-Freeman, who discusses why she thinks the dollar has more to rally - regardless of circumstances, how elections might affect the euro, and why Sterling remains at risk. In the Fun Fed Facts segment, Bloomberg Intelligence Associate Analyst Angelo Manolatos gives an update on how much the Federal Reserve's securities holds have grown as it prepares to reduce purchases next month.

In this State of Distressed Debt edition, BI Bankruptcy Litigation Analyst Negisa Balluku and Distressed Credit Analyst Philip Brendel join Global Credit Strategy head Noel Hebert to discuss the momentum in high yield markets, what may stop it and when. Also discussed: The latest for Washington Prime Group, Aeromexico, Latam Airlines, Intelsat and in Hertz’s Make-Whole battle.