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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