Approach with caution

Category: Asia, Global, U.S.A.
By Hui Ching-hoo

High yield opportunities relatively rare in Asia

Although the US Federal Reserve’s (Fed) rate hike cycle and US fiscal policy are casting uncertainty over the outlook of the global fixed income market, investors still consider high-yield (HY) bonds as a key allocation in their portfolios, given their decent investment returns and improving corporate fundamentals

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