Like stocks, corporate debt valuations are worrying, with early signs of investors starting to take a more defensive posture. Source: The Epoch Times The exuberance in U.S. corporate bonds follows that in stocks but is likely to end soon, according to Gluskin Sheff chief economist and strategist David Rosenberg. Investing in the asset class isn’t…
Amid narrowing spreads, non-investment-grade credits are expensive, cautions Greg Kocik of TD Asset Management. Source: Morningstar With high-yield-bond spreads over U.S. Treasuries approaching relatively low levels, and uncertainty about the Federal Reserve’s plans to start the process of unloading trillions of dollars of bonds from its balance sheet this fall, Greg Kocik argues that it…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
