CFA UK: Investor sentiment towards bonds improves amid 'bearishness'
Investors seeing value in corporate and government bonds
CFA UK chief executive Will Goodhart
Investors saw fairer value in fixed income markets during the fourth quarter of 2018, according to the CFA's latest Valuation index, as increased volatility drove a more risk-off approach.
Fewer investors see corporate and government bonds as overvalued, falling from 67% in the third quarter of 2018 to 61%, as perceptions of the severity of overvaluation also declined across both asset classes....
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