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Sonali Pier: Don’t Rent Yield

The Long View

CHAPTER

Global Approach to Fixed Income Investing

The chapter advocates for diversification in fixed income investments across regions, currencies, and asset classes, with a focus on growth cycles in various economies like the US, Canada, and Australia. It discusses strategic positioning within multi-sector credit portfolios, preference for US over European economy, and opportunities in the corporate credit market. Emphasizes on high yield as an asset class, historical default rates, comparison with other asset classes, and the impact of private credit on high yield markets.

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