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Elon Musk Visits China, Apple iPad Hit by EU Rules

Bloomberg Intelligence

CHAPTER

Navigating Corporate Performance and Risk

The chapter delves into the current economic climate, emphasizing the demand for corporate credit risk and advocating a preference for credit risk over duration risk, particularly in mortgages. It explores the strategic allocation approach amidst potential spread widening, weighing the choice between high-rate treasuries and credit risk investments like Boeing paper. Additionally, it touches on asset allocation uncertainty, market yields, and the upcoming Treasury refunding announcement, highlighting the importance of managing uncertainty in reserves and adjustments to the Fed's QT program.

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