UK Markets open in 4 hrs 9 mins

Burning Issues: China's 'Distressed Debt Cycle', Fixed Income Caution & Casper IPO

Jan.21 -- Amid rising defaults and tighter liquidity for Chinese privately-owned enterprises, the nation’s banks are letting some companies fail, something Deutsche Bank AG says presents bigger opportunities for foreign investors in troubled debt. Bloomberg's Lisa Lee, Kelsey Butler, Matt Townsend and Lisa Abramowicz discuss the recent headlines in the private markets on "Bloomberg Money Undercover".