Fundamental Picture Still Relatively Strong: Cunniffe

After credit concerns crept up in October, fundamentals are driving optimism according to Vanguard Fixed Income head of global taxable credit research, Colleen Cunniffe, and Oaktree Capital Management assistant portfolio manager for global credit strategy, Danielle Poli. They speak with Matt Miller on "Bloomberg Real Yield." US consumer sentiment tumbled to near the lowest on record as the government shutdown weighed on the economic outlook and high prices soured views about personal finances. A measure of current economic conditions slumped to a record low. (Source: Bloomberg)