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Lombard Odier preaches prudence as Brexit woes loom large

Lombard Odier’s latest outlook warns investors to act prudently in the face of recession risks and central bank caution. Fixed income – no longer a safe haven “Yields are increasingly negative, diversification is gone and liquidity is fractured.” These trends have all given rise to increased market risk, with the bank citing US$10 trillion in government and corporate bonds now yielding…

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