A Chief Investment Officer article highlighting how tighter liquidity, evolving monetary policy and potential economic slowdown could shape credit market dynamics in the months ahead.
Director of Investment Strategies Rick Ratkowski noted the biggest driver of fixed-income investment performance since the COVID-19 pandemic has been the sharp rise in interest rates.
Looking forward, Rick also points to high yield as a potential opportunity “We believe high yield may also be a reasonable addition to fixed-income portfolios in the coming year. It is often underrepresented in strategic asset allocations, providing extra diversification within fixed-income portfolios.”
You can read the full article here.
