What JPM's Michele Expects for Credit Spreads, Defaults

What JPM's Michele Expects for Credit Spreads, Defaults

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For your information, you can find below the description of the video What JPM's Michele Expects for Credit Spreads, Defaults published by the Youtube channel Bloomberg Television:

"When the pain hits, when we get into a recession, we're expecting high-yield credit spreads to go to a minimum of eight hundred over," Bob Michele, JPMorgan Asset Management CIO and global head of fixed income, says during an interview with Lisa Abramowicz on "Bloomberg The Open."

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