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Fixed Interests

Fitch Ratings
Fitch Ratings
China
Interest Rates
Fiscal Policy
Tariffs
Global Economic Outlook
Private Credit
India
Federal Reserve
Economic Growth
Argentina
Artificial Intelligence
Commercial Real Estate
US Commercial Real Estate
Mexico
Japan
US Tariffs
Credit Ratings
Monetary Policy
Emerging Markets

From Fitch Ratings, Fixed Interests unpacks the credit stories driving global markets. Join us for sharp, jargon-free conversations on macroeconomics, sovereigns, corporates, infrastructure, financial institutions, and emerging markets, giving you the context behind the credit trends that matter most.

PublishesTwice monthlyEpisodes179Founded9 years ago
Number of ListenersCategories
PoliticsNewsBusiness

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Latest Episodes

Fitch analysts examine how a developing El Niño could impact corporate credit risk across Asia Pacific. We explore Vietnam's hydropower vulnerability, resilience in India and China, and why palm oil producers may face a mixed credit outlook.

Why did post-pandemic inflation last so long? Fitch's Chief Economist Brian Coulton reveals how corporate margins, not wages, fueled persistence, and assesses the risk of a repeat after the 2026 oil shock, with key implications for the Fed and ECB.

Yields under pressure. Leverage on the rise. Fitch dives into the growing use of off-balance-sheet financing among Business Development Companies (BDCs) and what it signals for credit risk ahead.

How could El Niño affect Latin America's power sector? Fitch Ratings analysts Saverio Minervini, Marcela Araujo and Juan David Medellin discuss rising power prices, hydropower pressures and credit risks across Brazil, Colombia and Panama.

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Recent Guests

Monsur Hussain
Head of Market Research
Fitch Ratings
Episode: Innovation In Credit: New Structures, New Opportunities for Debt Investors
Redmond Ramsdale
Head of Middle East banks
Fitch Ratings
Episode: Deteriorating Outlook on GCC banks
Brian Coulton
Chief Economist, Fitch Ratings
Fitch Ratings
Episode: The Fed Reset, Part 2: Markets Recalibrate
Charles Seville
Senior director in the economics team
Fitch Ratings
Episode: Global Economic Outlook - Oil Shock Drives Growth and Inflation Revisions
Malgorzata Krzywicka
Director in Sovereign Team; Lead Analyst for Hungary
Fitch Ratings
Episode: Hungary’s New Government: Policy Priorities and Challenges
Alen Lin
Senior Director in Fitch's Technology Team
Fitch Ratings
Episode: AI Capex, Monetization, and What It Means for Credit
Alex Bumazhny
Group Credit Officer and Senior Director in Fitch's Risk Department
Fitch Ratings
Episode: AI Capex, Monetization, and What It Means for Credit
Suzanne Albers
Senior Director, Structured Finance; lead author of Technology Disruption Risk Accelerates for ABS and MBS
Fitch Ratings
Episode: Tech Shifts and Obsolescence Risks in Structured Finance
Lyuba Petrova
Managing Director at Fitch Ratings, heads the global leverage finance team
Fitch Ratings
Episode: Are Bubble Risks Emerging in Leveraged Finance?

Host

Justin Patrie
Host of Fitch's Fixed Interest Podcast

Reviews

4.9 out of 5 stars from 24 ratings
  • exceptional

    awesome

    Apple Podcasts
    5
    JMA4R
    Canada3 months ago
  • GDP RiSK

    By: GFG

    Apple Podcasts
    4
    payee/payor
    United States2 years ago
  • Fitch Ratings Podcast

    Fitch Ratings Podcasts provide an insightful overview of Emerging Markets and Macroeconomic trends. Fitch Ratings also provides insightful analysis on ESG related topics and disciplines. Thank you very much.

    Apple Podcasts
    5
    MSavola
    United States6 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

High-quality, expert commentary with market-relevant scenarios.
Guests add credible macro and sovereign perspectives, useful for credits and risk assessment.
Clear, data-driven insights into macro and credit trends.
Covers global macro, credit risk, and policy developments with actionable takeaways.
Strong mix of policy and market analysis with practical implications for investors.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#34
Colombia/Business
Apple Podcasts
#210
Brazil/Business

Talking Points

Recent interactions between the hosts and their guests.

The Fed Reset, Part 2: Markets Recalibrate
Q: What's your take on this? Does that suggest markets believe the Fed will keep policy tight and defend its inflation objective if necessary, or is it pointing to something less reshaping about the outlook?
The market had been pricing in a tentative hike ahead before the wash meeting, but post-meeting a firmer expectation emerged; the most evident effect is bear flattening with the two-year under greater pressure than the 10-year, reflecting expectations of higher short-term policy and a more persistent inflation narrative.
The Fed Reset, Part 1: A New Chair, A New Tone
Q: Let's start with the reset itself. Brian, beyond the change in style, what do you see as the most extensive shifts in how this Fed may approach policy making?
The shift centers on new task forces and a clearer emphasis on data-driven decisions, with particular attention to communications, balance-sheet management, and inflation measures. While the Fed will still respond to data, the leadership aims to reframe credibility and how policy is transmitted to markets, potentially reducing the tendency to “spoon feed” markets and letting data guide expectations more independently.
Global Economic Outlook - Oil Shock Drives Growth and Inflation Revisions
Q: So Charles, I guess quite a lot has happened in the world economy over the last three months, with the oil price shock triggered by the US-Iran war front and centre.
The episode explains how the Strait of Hormuz disruption has led to higher oil prices, but demand and inventories, plus a shift in energy intensity, have cushioned the immediate impact; growth downgrades were modest overall while inflation was nudged higher, and the AI investment cycle is providing a new growth engine.
Hungary’s New Government: Policy Priorities and Challenges
Q: What are the key policy priorities and main challenges facing the new government, especially regarding fiscal consolidation and debt dynamics?
Priorities focus on EU relations, rule of law, and governance, while challenges center on credibility and feasibility of fiscal consolidation, high debt service costs, and the need to restore a sustainable growth model amid weak investment and external demand.
Hungary’s New Government: Policy Priorities and Challenges
Q: Can you please help us understand what have been the main themes in these elections, based on Fitch ratings analysis, as well as the rating implications for the region?
Main themes include fiscal policy shifts, reform momentum, and relations with the EU, with Hungary's April outcome reducing political uncertainty and giving the new government a stronger starting position to pursue reforms, albeit amid elevated debt and questions about the post-election fiscal path.

Audience Metrics

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Frequently Asked Questions About Fixed Interests

What is Fixed Interests about and what kind of topics does it cover?

This show provides sharp, accessible discussions on macroeconomics, sovereigns, corporate credit, infrastructure, and emerging markets with a focus on credit trends and risk. Episodes frequently feature Fitch Ratings researchers and senior analysts offering data-driven takes on policy shifts, rate trajectories, oil and energy dynamics, and the evolving landscape for fixed income and credit investors. A standout is the way guests translate complex market signals into practical implications for issuers, lenders, and asset managers, making it valuable for professionals evaluating macro credit environments and investment risk.

Noteworthy elements include a recurring emphasis on central bank policy paths, the impact of energy markets on inflati... more

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Which podcasts are similar to Fixed Interests?

These podcasts share a similar audience with Fixed Interests:

1. Know More. Risk Better.
2. The GlobalCapital Podcast
3. The Credit Edge by Bloomberg Intelligence
4. FICC Focus
5. Clauses & Controversies

How many episodes of Fixed Interests are there?

Fixed Interests launched 9 years ago and published 179 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Fixed Interests?

Recent guests on Fixed Interests include:

1. Monsur Hussain
2. Redmond Ramsdale
3. Brian Coulton
4. Charles Seville
5. Malgorzata Krzywicka
6. Alen Lin
7. Alex Bumazhny
8. Suzanne Albers

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