After seeing what has happened to the equities businesses of many banks, I am curious to hear the community's (informed) opinion on Credit Sales & Trading; specifically talking about IG and HY corporate bonds.
Are those business lines already struggling? What are the drivers for performance and how might these change in the future (regulation, automation, etc.)? Given the context, is the future bright for people working in Credit S&T?
Your insights are much appreciated!
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