Wells Fargo’s Rusnak Sees Opportunities for Emerging Market Debt in China

The video discusses the current state of Chinese credit markets, highlighting increased default risks and economic slowdown. It explores potential improvements through fiscal stimulus and changes in financial frameworks. The Bashan Bank takeover is analyzed for systemic risks, with a focus on liquidity improvements. The discussion extends to global monetary policy implications, particularly regarding the PBOC and the Fed. Finally, the video evaluates fixed income market valuations and opportunities in emerging markets.

What are the implications of the regulatory takeover of Bashan bank for the credit market?

What is the current state of negative yielding debt and its impact on the fixed income market?