Fixed income risk management – Advisor.ca
“There has been a flood of debt in the bond market due to Covid, as central banks essentially print the money governments want to write off,” said Patrick O’Toole, vice president of fixed income Global at CIBC Asset Management, in an interview at the end of July.
“Normally, economists would warn us that printing money would lead to higher bond yields and higher inflation.”
A larger supply in…
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