Low global interest rates, ample liquidity, reviving economies and investor demand for income will support credit markets “over the next few quarters,” according to
- The economic restart accelerated in the first half, increasing median estimated annual GDP growth to 6% globally after the easing of lockdowns and lower virus transmissions due to vaccinations
- Uneven Covid-19 recovery worldwide may result in structural changes across various industries and countries
- While BlackRock remains “constructive” on credit performance, the team warned to “keep a watchful eye in inflation trends”
- Bottled-up consumer demand, fiscal spending and accommodative monetary policy ...