Outlook 2022: Global credit

Corporate bonds are sitting on sizable gains for the period since the March 2020 Covid-19 shock. High yield corporate bonds are up by over 25%. Central bank and government support, followed by the discovery of vaccines in late-2020, and the reopening and sharp...

Omicron pushing US Fed into action

US inflation hit its highest level since 1982 at the end of 2021, with the consumer price index (CPI) reaching 7% year-on-year. The figures were widely anticipated, but only add to pressure on the US Federal Reserve (Fed) to tighten monetary policy. Speaking at his...

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