# Credit Crunch: Investor Survey 3Q - Rates, IG vs. HY, US vs. EU

Page: https://stenobird.com/podcast/ficc-focus-4513680/credit-crunch-investor-survey-3q-rates-ig-vs-hy-us-vs-eu
Text version: https://stenobird.com/podcast/ficc-focus-4513680/credit-crunch-investor-survey-3q-rates-ig-vs-hy-us-vs-eu.md
Podcast: [FICC Focus](https://stenobird.com/podcast/ficc-focus-4513680)
Published: 2026-07-07T15:24:00+00:00
Episode link: https://traffic.megaphone.fm/BLM2358409731.mp3
Audio file: https://traffic.megaphone.fm/BLM2358409731.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/ficc-focus-4513680/episodes/credit-crunch-investor-survey-3q-rates-ig-vs-hy-us-vs-eu
Duration seconds: 2245

## Resource

Credit and high yield recovered all losses due to the Iran war in 2Q. Will 3Q keep delivering gains, and why? Mahesh Bhimalingam, Bloomberg Intelligence global head of credit strategy, discusses the results of the BI 3Q26 Investor Survey and the market outlook with David Fancourt, High Yield Fund Manager at M&G Investments. They discuss valuations and central bank actions, along with distress and default rates. This podcast also covers survey results on investor positioning, sentiment, key return drivers, supply forecasts and relative value across asset classes (high grade vs. junk), geography (Europe vs. US), ratings and sectors.The Credit Crunch podcast is part of BI’s FICC Focus series. Listen on Apple Podcasts and Spotify.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/ficc-focus-4513680/episodes/credit-crunch-investor-survey-3q-rates-ig-vs-hy-us-vs-eu/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/ficc-focus-4513680/credit-crunch-investor-survey-3q-rates-ig-vs-hy-us-vs-eu.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.