Big Investors Cut Risky Bond Exposure Amid Concerns of Global Economic Falters
Investors are scaling back their exposure to riskier corporate debt, betting that a recent rally may have left the market vulnerable to a sell-off if global economic growth falters. Asset managers like BlackRock, M&G, and Fidelity International are shifting towards safer bonds, taking advantage of lower yields due to declining US credit spreads. The decline … Read more