Fixed income investing in a changing market
Rethink of asset allocation decisions needed
Sarang Kulkarni of Vanguard
While rising bond yields and widening credit spreads set the scene for most of 2018, global credit markets have staged a strong recovery in the first quarter of 2019.
Changes in interest rate policy from the US Federal Reserve and the European Central Bank have lent support to the view that base rates stay out of restrictive territory. In China, one of the largest...
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