Schemes should look to US floating rate loans, high yield and municipal bonds for higher returns in the flattened yield curve environment, according to Eaton Vance.
Chief income investment officer Payson Swaffield said these US credit sectors provide protection against rising interest rates as they will do well when short-term rates go up. Unlike other bond...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
