This podcast episode explores the recent positive economic data and its impact on corporate credit, addressing the decline in inflation leading to signals of an end to rate hikes and potential cuts. The US economy's increasing capacity and Europe's weaker growth are also analyzed. The dispersion within the credit rally is discussed, with long-term US investment grade bonds performing well and CCC issuers lagging behind, although a potential catch-up is suggested for US and European CCCs due to macroeconomic improvements.
