Episode

Episode 381: Demand, Dispersion, and AI: Where Credit Researchers Are Finding Conviction

Podcast
InsuranceAUM
Published
Aug 10, 2026
Duration seconds
2069
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not_requested
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https://insuranceaumjournal.podbean.com/e/episode-381-demand-dispersion-and-ai-where-credit-researchers-are-finding-conviction/
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https://mcdn.podbean.com/mf/web/z79tg2updu45p7ds/IAP_-_0727_Invesco_Audio_v1ak9rw.mp3
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/v1/public/podcasts/insuranceaum-com-113748/episodes/episode-381-demand-dispersion-and-ai-where-credit-researchers-are-finding-conviction
Markdown
/podcast/insuranceaum-com-113748/episode-381-demand-dispersion-and-ai-where-credit-researchers-are-finding-conviction.md

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Summary

In this episode of the Insuranceaum.com podcast, host Stewart Foley, CFA, sits down with Bixby Stewart, Head of US Investment Grade Credit Research for Invesco Fixed Income, to explore where credit investors are finding conviction amid tight spreads, strong institutional demand, and a historic wave of AI-related capital investment. Bixby explains why today’s investment-grade market may deserve its historically tight valuations, highlighting stronger credit quality, attractive yields, improved liquidity, and persistent demand from insurers, pensions, and other institutional investors. He also discusses relative value across banks, technology, utilities, energy, and private credit, while examining the risks surrounding hyperscaler issuance, AI monetization, market concentration, and the need for disciplined security selection in a bond picker’s market.