Leveraged Loans Reap Risk-On Gains; Indonesian Junk

Leveraged loans are enjoying a euphoric risk-on period of excess demand for limited supply, according to Bloomberg News’ Jeannine Amodeo. Banks offloading hung buyout debt at a steep discount could send prices back down but there are reasons to be bullish on the market for the rest of this year, Amodeo says. In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie also asks Bloomberg Intelligence analyst Mary Ellen Olson about high-yield opportunities in the Indonesian commodity sector. Olson sees nickel producers benefiting from electric vehicle manufacturing, just as coal companies receive a regulatory boost. See omnystudio.com/listener for privacy information.