Morgan Stanley Fixed-Global Credit Strategy Global Credit Research Webcast Slide...-108783253

MorganStanleyGlobalCreditWebcast:(Dis)inflation,ElectionsandWhat’sNextforMarkets?June20,2024VishwasPatkar–HeadofUSCreditStrategy|StrategistBrianGibbons–HeadofEnergyCreditResearch|CreditAnalystMORGANSTANLEY&CO.LLCAronBecker–HeadofEuropeanCreditStrategy|StrategistAndrewSheets–GlobalHeadofCorporateCreditResearch|StrategistMORGANSTANLEY&CO.INTERNATIONALPLC+KelvinPang–HeadofAsiaCreditStrategy|StrategistMORGANSTANLEYASIALIMITED+RegisterNow/ReplaylinkMorganStanleydoesandseekstodobusinesswithcompaniescoveredinMorganStanleyResearch.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofMorganStanleyResearch.InvestorsshouldconsiderMorganStanleyResearchasonlyasinglefactorinmakingtheirinvestmentdecision.Foranalystcertificationandotherimportantdisclosures,refertotheDisclosureSection,locatedattheendofthisreport.+=Analystsemployedbynon-U.S.affiliatesarenotregisteredwithFINRA,maynotbeassociatedpersonsofthememberandmaynotbesubjecttoFINRArestrictionsoncommunicationswithasubjectcompany,publicappearancesandtradingsecuritiesheldbyaresearchanalystaccount.MorganStanleyResearchGlobalJune20,202408:57AMGMTAronBeckerHeadofEuropeanCreditStrategy3EuropeanCreditStrategy:NottheProblemSectorSupplyriskandQTarebiggerheadwindtoOATsthantocorporatesFrenchbanksalreadytradingatthewidesversustheove...