5 min read 13 Mar 23
After last year’s significant re-pricing in bond yields, we see compelling value in investment grade credit. For perhaps the first time in over a decade, we believe investors are being well paid to take both credit and interest rate risk. By providing exposure to both credit spreads and interest rates, corporate bonds should also be well-equipped to withstand a variety of different market conditions, from a prolonged economic slowdown to a faster-than expected return to growth.
The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.