High yield corporate credit had a strong 1H, despite rates volatility, as spreads rallied and defaults stayed low. In Europe, the index default rate stands at 0.85% and the share of stressed and distressed bonds has come down, while it's higher in the US. Will 3Q sustain those gains, and why? Listen to Mahesh Bhimalingam, Bloomberg Intelligence's Chief European Credit Strategist, discuss the results of the 3Q High Yield Survey, along with market outlook, with Peter Aspbury, Head of European High Yield and PM at JP Morgan Asset Management.

They discuss the BI 3Q investor survey report, which covers investor positioning, sentiment, key return drivers, default and supply forecasts and relative-value opinions by geography, rating and sector. They also discuss how high grade and leveraged loan prospects compare with junk.