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Fed's rate hike raises concerns about high-yield fixed-income assets
Published Thu, Dec 17, 2015 · 09:50 PM
NOW that an unprecedented era of near-zero interest rates has come to an end, as the Federal Reserve raised rates for the first time in nine years, Asian investors will grapple with pointed questions about their fixed income portfolios in the near to mid term.
Over the past few years, investors have gravitated strongly towards fixed income assets particularly high yield bonds, thanks to the asset's highe…
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