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Artwork for The Credit Edge by Bloomberg Intelligence

The Credit Edge by Bloomberg Intelligence

Bloomberg
Private Credit
Credit Markets
Inflation
Interest Rates
Commercial Real Estate
US Economy
Clos
High Yield Bonds
Artificial Intelligence
Private Equity
Europe
Federal Reserve
Geopolitical Risks
High-Yield Bonds
Tariffs
Corporate Credit
Consumer Spending
Private Debt
Banking Sector
Healthcare Sector

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

PublishesWeeklyEpisodes190Founded4 years ago
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Artwork for The Credit Edge by Bloomberg Intelligence

Latest Episodes

High global government yields are a growing threat to corporate debt markets, according to London-based hedge fund Andromeda Capital Management. “You either have to let long-term yields go up — and with that you can cause a credit crunch, especially ... more

Columbia Threadneedle is looking to outperform by buying into the flood of debt from companies building artificial intelligence infrastructure. “It’s really the best place to try to find some volatility and some alpha opportunities here, as long as y... more

Massive borrowing by artificial intelligence companies — some of it to fund their own customers — risks inflating a technology-sector bubble, according to Seaport Research Partners. “Things are going to get crazier,” Jay Goldberg, the firm’s senior a... more

BMO Asset Management, which oversees almost C$300 billion ($218 billion), has cut its junk-bond holdings and moved into safer parts of credit as geopolitical and macroeconomic pressures mount. “We love the movie — we’re still there — but we’re just g... more

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Recent Guests

Earl Davis
Managing director at BMO Global Asset Management, head of fixed income and money markets
BMO Global Asset Management
Episode: BMO Slashes Junk Debt Holdings as Geopolitical, Economic Risks Spread
David Saitowitz
Head of US Liquid Credit at ICG
ICG
Episode: LBO Debt Coming Due Is Next Big Test for Credit Markets, Says ICG
Anant Kumar
Global Investment Strategist and Head of US Credit Research, Portfolio Manager at Benefit Street Partners
Benefit Street Partners (BSP) / Franklin Templeton
Episode: Investors Keeping Score on 'Bad PIK', Benefit Street Partners' Kumar Says
Sonali Wilson
Lead investment director for private credit
Wellington Management
Episode: Wellington Passes on Data Center Debt, Questioning Long-Term Value
Tom Majewski
Founder of Eagle Point Credit
Eagle Point Credit
Episode: Bull Run in Loans Slams CLO Equity Buyers, Says Eagle Point’s Majewski
Henrik Johnsson
CEO and partner of Sona Asset Management
Sona Asset Management
Episode: Sona’s CEO Sees ‘Exciting’ Growth in Asset-Based Finance, SRTs
Rob Schiffman
Covers the tech sector for Bloomberg Intelligence
Bloomberg Intelligence
Episode: SpaceX Bondholders Face Huge Key Person Risk on Their Elon Musk Trip
George Ferguson
Covers aerospace, defense and airlines for BI
Bloomberg Intelligence
Episode: SpaceX Bondholders Face Huge Key Person Risk on Their Elon Musk Trip
Grégoire Pesques
CIO for Global Fixed Income
Amundi
Episode: Europe's Largest Asset Manager Warns of AI Debt Deluge Crowding Out

Host

James Crombie
Host of The Credit Edge; Bloomberg Intelligence

Reviews

4.8 out of 5 stars from 115 ratings
  • Quality insights for Quality guest

    The consistency of the insights provided by guests and Bloomberg team provide me with a balanced perspective of credit developments across globe. Keep doing a great job and thanks for being part of weekly routine!

    The insights on private credit markets are uniquely insightful!

    Apple Podcasts
    5
    Andybee109
    Australiaa year ago
  • I am glad I don’t live here

    Otherwise great 👍

    Apple Podcasts
    5
    Qrrvjkgxhjlkvg
    United Statesa year ago
  • Bloomberg Nuggets

    Phenomenal segment focusing on a very specific set of topics related to the credit market.

    Apple Podcasts
    5
    THAAD07
    United States2 years ago
  • Fantastic Insights on Fixed Income Markets

    I signed up immediately. What a great combination of news and research hosted by independent thought leaders of Bloomberg.

    Apple Podcasts
    5
    P&ssd off
    United States3 years ago

Listeners Say

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

Listeners appreciate the rigorous, data-driven take on credit markets and private debt.
Content is well-researched and timely for professionals tracking credit markets.
Guests deliver clear, expert perspectives on AI-driven financing and market dynamics.
The show consistently ties macro themes to practical investing insights.

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Talking Points

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BMO Slashes Junk Debt Holdings as Geopolitical, Economic Risks Spread
Q: Is energy the key hedge in a high-rate environment, and why?
Yes, energy is viewed as a hedge because cash flows and spreads tend to hold up when oil remains volatile, and energy companies can benefit from higher pricing and carry, making them attractive on widening scenarios.
BMO Slashes Junk Debt Holdings as Geopolitical, Economic Risks Spread
Q: What would it take for the Fed to ease rates in the scenarios discussed?
A recession driven by demand shocks in a consumer economy, potentially amplified by AI-driven productivity shifts and higher oil prices, would prompt easing as policymakers attempt to bolster equities and credit markets.
LBO Debt Coming Due Is Next Big Test for Credit Markets, Says ICG
Q: What do you see as the biggest near-term risk for refinancing in the leveraged market?
The main risk is higher rates compressing refinancing options and increasing the cost of new money; supply dynamics and sponsor liquidity will determine whether spreads widen or stay supported, with a focus on protecting downside through careful credit selection and structure.
Bull Run in Loans Slams CLO Equity Buyers, Says Eagle Point’s Majewski
Q: Where do you see the best relative value right now?
Best value appears in strategies like middle-market infrastructure lending, equipment financing, and selective regulatory capital relief, with a shift toward disciplined issuance and selective third-party equity involvement.
Bull Run in Loans Slams CLO Equity Buyers, Says Eagle Point’s Majewski
Q: So what does that mean for the loans, though?
The loans likely have a runway for refinancing in the next two to four years, with many borrowers able to refinance before maturity, even as AI headwinds create some longer-term uncertainty.

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Frequently Asked Questions About This Podcast

What is This Podcast about and what kind of topics does it cover?

The show concentrates on credit markets, private lending, and the AI-fueled shift across debt and securitized products. Episodes feature deep dives into private credit, CLOs, data-center and real asset financing, and the broader implications of AI on underwriting, liquidity, and capital markets. A standout pattern is the blend of macro themes with sharp, practitioner-level insights from buy-side and GI analysts, plus candid discussions on market structure, risk, and innovation hits like SPVs, secondaries, and niche private-debt opportunities.

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These podcasts share a similar audience with this podcast:

1. FICC Focus
2. The Allocation: Private Markets for the Total Portfolio
3. Capital Allocators – Inside the Institutional Investment Industry
4. At Any Rate
5. Odd Lots

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this podcast launched 4 years ago and published 190 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 this podcast?

Recent guests on this podcast include:

1. Earl Davis
2. David Saitowitz
3. Anant Kumar
4. Sonali Wilson
5. Tom Majewski
6. Henrik Johnsson
7. Rob Schiffman
8. George Ferguson

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