Market weekly - Fixed income is now a bond picker’s market
Bond yields have fallen ever lower as the COVID-19 recession and disinflation have forced central banks and governments to implement whatever-it-takes measures to save jobs and industries. In doing so, they are for now in full control of fixed income markets. What does that leave for bond investors? Dominick DeAlto, chief investment officer of fixed income, talks to senior investment strategist Daniel Morris about where the opportunities lie in fixed income today.
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The skinny
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