Fidelity's Peter Khan discusses his outlook for high yield bond markets.
Khan, portfolio manager of the Fidelity Global High Yield Bond fund, argues investors are facing unprecedented times when it comes to fixed income yields. This is particularly true for the high yield bond market, which is yielding below 6% today.
Today's macro-economic backdrop could herald a year of volatility and increased uncertainty.
However, although yields are currently at record lows, Khan still sees further potential for the asset class.
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