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BBB Rated Debt and The Downgrade to High Yield

Credit cracks have started to develop, and the market took notice in October and November. Corporate bond returns were -1.46% and -0.17% for those respective periods. Negative performance was driven by credit downgrades, such as GE and Anheuser-Busch. We have taken stock of these movements and have had a cautious outlook to corporate bonds. A […]

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