There are several arguments that one could currently make for why credit markets look unattractive.
Adopted 'pro-risk' tone
Credit absolute return range
About 45% of the global bond market is now eligible for central bank purchases. While it is difficult to position for further significant falls in gilt yields, it is hard to fathom what will lead to yields breaking sustainably higher, according to SLI's...
What are the manager's key concerns?