TD Says Corporate Bonds Are Now Cheap Enough to Consider Buying

This week, Steven Rattner of Willett Advisors explains why the US labor market is softening and what tariffs, AI and stagflation risk could mean next. And as Europe prepares to spend more on defense, Sweden is emerging as an unlikely but crucial player in the continent’s push. Plus, private credit’s advantages are becoming vulnerabilities as some investors try to get their money out. Later, Nepal’s Gen Z protests toppled a government, and now the country’s voters are trying to turn that uprising

While sitting for a "Bloomberg Money Stuff" podcast episode taping, Saba Capital Management CIO Boaz Weinstein speaks about private credit "infecting" public markets. (Source: Bloomberg)

A Blue Owl Capital Inc. private credit fund is urging investors to reject a share purchase offer led by Boaz Weinstein’s Saba Capital Management, saying the price is too low.

The London Stock Exchange Group Plc is seeking to sell as much as $3 billion of high-grade US corporate bonds as soon as early next week, according to people with knowledge of the transaction.