Columbia Threadneedle: Fixed-income outlook: Shifting opportunities for bond investors

Fixed Income

In an environment of tighter credit spreads, investors will have to look closely to find relative value.

17.06.2024 | 06:21 Uhr

You don’t need interest rates to go down to succeed in fixed income, but you do need to look closely to find relative value.

For instance, very liquid, very high quality and investment grade corporate bonds are trading at some of the most expensive spreads or risk premiums we have seen in the past 20 years. In this environment, you will need to employ research to uncover opportunity in one industry or one sector versus another, or one company versus another.

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