At first sight, corporate bonds did badly in 2022, but aside from a handful of exceptions, this was the result of the sell-off in government debt, our analysis shows. With yields of 4-5%, investment grade bonds are now an attractive asset class.
The biggest US banks amassed $2.2 trillion of government and mortgage bond investments, but now the portfolios are underwater and banks must hold them to avoid recording losses. This will have a lasting effect on deposits and the impact of Fed policy...
At first sight, corporate bonds did badly in 2022,...
The biggest US banks amassed $2.2 trillion of gove...
China's real estate developers are frozen out of t...
Inflation-linked bonds are proving costly to gover...