Join InvestSense Director Jonathan Ramsay and Gopi Karunakaran in this podcast as they discuss:

Why Ardea reduced risk in portfolios. Shouldn’t they be making hay while they are outperforming as they have in recent weeks?

How are bond markets functioning - the unvarnished version? Here's a clue - it’s got a lot to do with liquidity.

What are central banks doing to provide short-term liquidity and stabilise long term borrowing cost?

Can they improve liquidity enough and heal debt markets?

When will we know if it’s working?

High yield spreads (what its costs for risky companies to borrow) is often seen as a barometer of stress but why do spreads for very high-quality debt often blow out by more than expected in the early stages of a crisis (as they have recently)?

What else we should we monitor if we want to detect early signs off stress in bond markets? Here’s another spoiler - it’s not what people were tracking in the GFC and there is a good reason for that.