Mom-and-pop investors are buying hyperscaler debt after a selloff that has hit bonds with long maturities particularly hard, according to R. Seelaus & Co. “You’re just seeing absolute yields in long Meta paper, or a household name, that retail is starting to find really attractive,” Annie Seelaus, chief executive officer of the broker dealer and asset manager, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Arnold Kakuda in the latest episode of the Credit Edge podcast. “That’s a microcosm of a bigger pocket of demand that’s out there,” says Seelaus, who notes that investors are moving into bonds as stocks become vulnerable to a correction. They also discuss secondary-market liquidity, contagion risks, the asset-backed security boom, private credit turmoil and how to invest in data centers.

 

Mom-and-pop investors are buying hyperscaler debt after a selloff that has hit bonds with long maturities particularly hard, according to R. Seelaus &amp; Co. &ldquo;You&rsquo;re just seeing absolute yields in long Meta paper, or a household name, that retail is starting to find really attractive,&rdquo; Annie Seelaus, chief executive officer of the broker dealer and asset manager, tells Bloomberg News&rsquo; James Crombie and Bloomberg Intelligence&rsquo;s Arnold Kakuda in the latest episode of the Credit Edge podcast. &ldquo;That&rsquo;s a microcosm of a bigger pocket of demand that&rsquo;s out there,&rdquo; says Seelaus, who notes that investors are moving into bonds as stocks become vulnerable to a correction. They also discuss secondary-market liquidity, contagion risks, the asset-backed security boom, private credit turmoil and how to invest in data centers.
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The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

The Credit Edge by Bloomberg Intelligence

Mom-and-Pop Buyers Pounce on Battered Hyperscaler Bonds, Says Seelaus

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/148a3732-8535-4027-9894-b4eb0149bd05/transcript