Corporates should beat sovereigns this year, but choosing winners will be harder.
Investors should be shielded as long as they’re diversified.
Amid central bank support, threats remain for investors.
An improving economy means the best opportunity may have passed.
CIBC Asset Management’s Patrick O’Toole reveals why corporate bonds are expected to outperform government bonds over the next 12 months, and by how much. He also discusses how the bond market perceives defaults as a lagging indicator and how energy and retail firms have suffered the most.
Reconsidering exposures as the dust settles.
Examining opportunities in investment grade and high yield.
Achieving a neutral policy rate of 2.5% to 3.5% will be a slow process. (Runtime: 3 min, 05 sec; size: 2.18 MB)
Get recession-ready by monitoring yields and corporate spreads. (Runtime: 5 min, 37 sec; size: 2.7 MB)
The central bank could hike or be cautious, but it’s expected to make a move.