Fear Gauges Light Up in U.S. Credit

The video discusses the current state of the credit market, highlighting its risks and vulnerabilities. Krishna provides insights into potential liquidity issues and the inconsistency between credit market views and economic forecasts. The relationship between treasury yields and high yield notes is explored, with a focus on investor biases and market reactions. The dynamics between equity and bond markets are analyzed, emphasizing the influence of investor behavior and market conditions.

What does Krishna suggest about the relationship between treasury levels and investor preferences?

How has the perception of risk assets changed over the course of the year according to the discussion?

What is the general sentiment of equity investors regarding the bond market as discussed?