Macro Strategy Views Podcast: Risk premiums to rise as liquidity tightens, growth slows

In our weekly podcast, Macro Strategy Views, we focus on topical macro and market themes targeting investors and trading corporates. Today, we focus on risk premiums across asset classes with a special focus on the credit market. Thomas Harr, Global Head of FI&C Research, chairs today’s podcast and our Senior Credit Strategist, Gabriel Bergin, joins him. In recent months, risk premiums across asset classes have shot up while risk premiums in currency markets have fallen back. We discuss in detail the market dynamics in credit. Risk premiums across asset classes are likely to edge higher over the next couple of months but fall back when growth expectations stabilise and/or the Fed pauses.