Bloomberg Markets and Finance published this video item, entitled “Fed Crushing Credit Conditions, Eagle Asset’s Camp Says” – below is their description.
James Camp, managing director of fixed income and strategic income at Eagle Asset Management, says the Federal Reserve is tightening policy more rapidly than is reflected in projected terminal interest rates. “With equity volatility, with equity prices, with spreads across the high yield IG space, the Fed is crushing credit conditions,” Camp says on Bloomberg Television. “This is full on demand destruction.”
Bloomberg Markets and Finance YouTube Channel
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