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NDR: Credit conditions still impacted...
NDR’s Chief Macro Strategist Joe Kalish was recently featured in a Bloomberg article by Josyana Joshua, and Olivia Raimonde on August 1, 2023. Joe highlighted the uncertainty beneath the surface for credit investors and explained how, “credit conditions still face the impact of higher-for-longer interest rates. Plus, lower risk premiums mean that traders would be in for a shock if data unexpectedly worsens, causing U.S. policymakers to take an even-more aggressive policy path.” Read the whole piece here.
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