UBS Asset Management's Hayden Briscoe explains why China's bond market, which has 'one of the highest real yields in the world,' is exceptional.
UBS Asset Management's Hayden Briscoe explains why China's bond market, which has "one of the highest real yields in the world," is exceptional.
Major central banks around the world have taken drastic steps, like slashing or maintaining record low interest rates, to shore up financial markets reeling from the coronavirus pandemic. Briscoe explained that a top concern for investors right now is offsetting risk assets. He asked, "With most bond markets close to zero or if not deeply negative in yields, where are you gonna go today?"
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