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'Credit Herd Will Be Separated' With Stress: Oaktree's Rosenberg

Markets

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October 3, 2025

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Bloomberg

September closed with $207.5 billion of US high-grade issuance, ranking fifth all-time for monthly volume. Meanwhile, $57 billion of new junk bond sales were syndicated, marking the third-highest monthly total on record. Zachary Griffiths, head of US investment grade & macro strategy at CreditSights, and David Rosenberg, head of liquid performing credit at Oaktree Capital Management, join Scarlet Fu on "Bloomberg Real Yield". (Source: Bloomberg)

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