Tagged: monetary policy

The fixed income market can be hit by a perfect storm

The fixed income market can be hit by a perfect storm

The corporate bond markets, on both sides of the Atlantic, has been hit this week by a wave of declines. As a result, we saw high yield bond markets and also investment grade bond markets falling from the record levels reached weeks before. The US high yield bond index, one of the most important benchmark...

Bill Gross

Is Bill Gross right?

The king of bonds has always been considered a point of reference for many asset managers. His last successful movement from Pimco to Janus Capital makes us think that he can hardly get it wrong when he looks at the long term. In his last letter to the clients he is pretty critical against the...