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Indosuez WM takes profit from bond market given heightened prices

Indosuez Wealth Management is taking profit from fixed income as it suspects markets have overreacted to central banks’ dovish turns, driving bond prices upwards. “Currently, it appears that markets have read too much dovishness in the Fed communication, leading to elevated bond prices as rate cuts are being priced in and the hunt for yield resumed,” Arjan de Boer, head…

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