Mid-year reflections: don’t fight the U.S. consumer
Update: 2025-07-01
Description
Don’t fight the Fed – or the American consumer.
Tim Leary, Senior Portfolio Manager on the BlueBay U.S. Fixed Income team, highlights the resilience of the U.S. consumer, with cash balances at a record $21.7 trillion and credit card utilization rates back to normal.
As High Yield bonds outperform and spreads tighten, the strength of the American consumer could drive inflows into credit markets, offering opportunities for investors looking beyond equities at all-time highs.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
