What does 2003 havein store for bonds?

Last year was a challenging one for corporate bond investors. Having survived an onslaught of credit rating downgrades, corporate defaults and contagion from massively volatile equity markets, 2002 probably passed with some relief. Throughout 2002 bond investors preferred the relative safety and greater assurance of government bonds, but as signs emerge that investor confidence in stock markets may be returning, should we expect a reversal of this trend? This article takes a look at what's in store this year for global fixed interest markets. The threat of global deflation will remain...