Why Greek bonds are the unlikely 'best in class' assets to hold
Sandra Holdsworth of Kames Capital
Most fixed income has performed well in 2019 aided by the change in outlook from many central banks around the world and the gross redemption yield (GRY) on many bonds have fallen to very low or negative levels.
Despite that, total returns from bond markets (which is different from the GRY) have been very healthy as demand for the asset class continues to increase. We continue to favour government bond markets...
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