Flavio Carpenzano, investment director, fixed income at Capital Group, joins Burhan Khadbai, head of content for OMFIF’s Sovereign Debt Institute, to look back at the performance of the investment-grade credit market in 2024 and at the outlook for next year.
They discuss how credit spreads are continuing to compress despite elevated levels of supply and to what extent this will evolve as markets move into a lower-yield environment with the easing of monetary policy. They also explore the opportunities in investment-grade credit and the risks to the sector from the volatility in rates driven by macroeconomic and geopolitical factors.
