Global credit markets are on edge as fresh loan blowups fuel credit risk concerns and stir memories of the 2023 US regional banking crisis.

US high-yield and leveraged-loan funds each had $1.3 billion of outflows in the latest week, a sign that investors are readjusting their holdings of higher-risk debt. Investors are showing signs of becoming choosier about what they buy amid a flurry of negative headlines that has undermined the resilience of credit markets. CreditSights Global Head of Strategy Winnie Cisar joined Carol Massar and Bailey Lipschultz on 'Bloomberg Businessweek Daily' to break it down.

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