“At the same time, we’re prepared to take advantage of any volatility associated with the current U.S. debt ceiling battle.” — Alexandre Morin, iAGAM
Key Takeaways:
- April was less volatile than the first three months of the year as worries about the regional banking crisis in the United States subsided temporarily.
- We expect the fight over the U.S. debt ceiling to take centre stage in May.
- We are biased toward a modestly longer duration because a decent bid is expected to persist for safe-haven assets.
Alexandre Morin, CFA
Senior Director, Portfolio Manager, Fixed Income, iAGAM
"iAGAM" is a tradename under which iA Global Asset Management Inc. and Industrial Alliance Investment Management Inc. operate.
