New 'Insensitive Borrower' in the Marketplace: TCW's Whalen

Bryan Whalen, CIO and generalist portfolio manager of fixed income at TCW, and Winnie Cisar, global head of credit strategy at CreditSights, join Scarlet Fu on "Bloomberg Real Yield." For months, Big Tech has flooded debt markets with mega bonds that were initially snatched up by investors keen to get exposure to the AI boom. As demand wanes and bubble concerns mount, those deals are becoming harder and costlier to get over the line. (Source: Bloomberg)