Credit suffered a software loan wobble and private credit contagion before the war in Iran, but it’s been a safe haven vs. rates and equities since hostilities started. In this Credit Crunch podcast, host Mahesh Bhimalingam, global head of credit strategy at Bloomberg Intelligence and Sarah Harrison, senior portfolio manager at Allspring Global Investments, discuss their prognosis on the war, reflect on how various credit classes fared during the technology supply wave and software wobble and then contrast credit performance with rates and equities since the Iran war began. They also discuss supply and relative value across high grade, high yield and loan markets, along with the road ahead amid this volatility.

The Credit Crunch podcast is part of BI’s FICC Focus series. Listen on Apple Podcasts and Spotify.