Barclay's Marco Baldini on European Corporate Credit

The transcript discusses the impact of US inflation on market volatility and corporate issuance, highlighting a resurgence in European markets. It examines the robustness of European corporate balance sheets post-COVID and the trends in banking sector issuance. The discussion also covers the effects of recession fears on credit spreads and the potential tightening of spreads in the investment grade sector. Finally, it addresses central bank policies and their influence on market stability, with a focus on interest rates and inflation.

What impact did the recent inflation numbers in the US have on corporate issuance in the market?

How did European banks respond to the changes in the market after the inflation figures were released?

What are the current conditions of balance sheets for European corporates post-COVID?

In what ways might the potential recession affect corporate bond market activity?

What trends have been observed in the financial sector regarding bond issuance this year compared to last year?

What factors could lead to spread tightening in the investment grade market despite recession fears?

How might changes in central bank policies influence credit markets moving forward?