Article | 15 June 2020 |
We discuss a risk off week, with negative catalysts being US Federal Reserve (Fed) commentary on the pace of recovery and downbeat forecasts from the OECD. A strong week for government bonds was not matched in high yield bond markets, although inflows into the asset class remain strong. The week ahead will be dominated by further comments from central banks in the US, UK and Japan, while ‘intensified’ Brexit trade talks reflect the fast approaching deadline for extension.
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