Disciplined credit investing requires separating short‑term volatility from underlying fundamentals. In this webinar, Paul Kunz, Co-Head of Taxable Fixed Income for BBH Credit Partners and Wilshire’s William Beck discuss three headline drivers shaping market anxiety: disruption across the software sector as artificial intelligence (AI) reshapes business models and valuations; the evolving private credit landscape, including competition with banks, refinancing dynamics, and what redemption limits are designed to do; and the macro implications of conflict in the Middle East, particularly through energy prices and downstream effects on inflation and consumer spending.

They also explore why loans can react differently than investment grade and high yield during periods of tech‑driven volatility, how BBH defines “durability” in credit selection, and why dispersion is becoming more important - especially in business development company (BDC) debt spreads. Finally, the panel reviews what strong fixed income inflows and relatively contained spreads may be signaling about demand, and where selective opportunities may be emerging across sectors for investors who stay valuation‑disciplined amid persistent geopolitical and macro headlines.

To learn more about fixed income trends and investing strategies, reach out to the BBH fixed income team or your BBH relationship team.