Where are the most attractive income opportunities in the global bond sector?

The synchronised global recovery may have finally arrived, but that does not mean global bond investors are exempt from challenges in their search for income.

Developed market yields have remained range-bound as investors have continued to seek safety, while central banks have been slow to normalise given the lack of conclusive inflationary signals.  A move higher in yields also has been constrained by the lack of any material fiscal stimulus and by secular pressures, such as globalisation and technology.  Why the investment case for global bonds has been 'revived' Many global fixed income markets, particularly sovereigns and credits in core Europe, remain unattractive given their low yields and rich valuations. Meanwhile, rapid sprea...