Despite high yield’s strong year-to-date recovery, CreditEase Wealth Management is cautioning investors against adding more risk exposure to the asset class and suggests shifting towards government bonds. “Last December, investors’ assessment and expectation on global growth were rather pessimistic, but so far this year, major countries like the US and China have managed to deliver better-than-expected growth,” Li Lin, head…
CreditEase WM: Shift from high yield to government bonds
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