“The typical easing of market activity into year-end may provide a tailwind for spreads, encouraging us to stay overweight corporate credit, but with a bias to high quality.” — Alexandre Morin
Key Takeaways:
- The markets rallied after softer-than-expected US CPI data rekindled hopes of Fed pivot.
- The markets remain driven by central bank actions and volatility persists.
- We are long duration and long credit to finish the year.
Alexandre Morin, CFA
Senior Director, Portfolio Manager, Fixed Income, iAIM
