Which investment-grade bond markets are offering the best opportunities?

The global spread of the coronavirus led to a simultaneous shock on both the supply and the demand side of the affected economies.

The measures taken to contain the virus have led to a widespread standstill in many industries, and a recession can no longer be prevented. This has fueled fears of a credit crunch and has led to distortions in bond markets. Spreads in the corporate bond segment widened significantly, even among issuers with good credit ratings. Why buying bonds is 'a leap of faith' In the meantime, however, central banks and governments have adopted very extensive monetary and fiscal policy measures to alleviate potentially negative second-round effects. Central banks in the US and Europe, for ...