Corporate bond markets have rallied after an uncharacteristic summer rush for the asset class. Wh...
Corporate bond markets have rallied after an uncharacteristic summer rush for the asset class. While global bond markets have been strong over the calendar year, this month's rally can be explained by a number of technical reasons, says Stephen Snowden, investment manager at Aegon Asset Management. 'Over the last month we have seen a pretty strong rally globally and in sterling bonds. This is in part due to the US economic slowdown being more protracted than first thought, but since the start of the third quarter we have also seen technical factors come in,' he explains. While falling...
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