Don't Expect Credit 'Blowup': Contopoulos

Richard Bernstein Advisors Head of Fixed Income Michael Contopoulos says the fed is not restrictive right now so does not expect a credit “blowup.” PIMCO High Yield and Multi-sector credit portfolio manager Sonali Pier says there is no “trigger” for a high level of defaults. They speak with Sonali Basak on “Bloomberg Real Yield.”

(Source: Bloomberg)