We Are Underweight Generic Credit in U.S., Says Pimco’s Chang

The video discusses the current market volatility, focusing on bond and credit markets. It highlights the slowdown in US and China growth, and the cautious approach of policymakers. The video also covers credit market dynamics, including high yield issuance and corporate credit risks, particularly in the US and Asia. It concludes with an analysis of duration strategies and yield trends, emphasizing opportunities in emerging markets.

What factors are contributing to the current volatility in the bond market?

How is the expected growth in the US economy projected to change over the next six to nine months?

What is the outlook for China's economic growth and the policymakers' approach to stimulus?

What trends are observed in the high yield issuance in Asia for the current year?

What are the potential risks associated with corporate credit in the US market?