Investors buy the dip in bonds as the sovereign-corporate divide widens: Aberdeen executive
Demand for investment-grade bonds still outstrips supply, with deals being regularly oversubscribed, he adds
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[SINGAPORE] Fixed income markets have held up better than expected through a year of geopolitical shocks and volatility – a trend that came as a surprise to Jonathan Mondillo, global head of fixed income at Aberdeen.
While bond markets were rattled, investors seemed to take the sell-off as an opportunity to buy in, said Mondillo.
“Even to this day, when I look at markets as it relates to what is going on in the Middle East, markets seem to be able to look through the risks and are generally quite sanguine about things,” he told The Business Times.
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