The Bid

As the pandemic has expanded globally, it has created uncertainty about companies’ future prospects. One way to analyze this: credit. Credit is the market of bonds that companies issue to fund their growth ambitions. And there’s a lot that credit can tell us about the overall health of the global economy.On this episode of The Bid, Jimmy Keenan, Chief Investment Officer and Global Co-Head of Credit, talks about what it really means for a company to default, how businesses are navigating the pandemic and how to invest in a low-interest-rate world.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of date of publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed b