Are prices in the US decelerating too fast? If your portfolio is tied up with US assets, you need to keep track of some important indicators.
The policy rate may likely remain at 6.25% for the rest of the year.
Do you find yourself spending precious time scrolling through Facebook and Instagram? Why not accrue interest while you’re at it?
We also favor adding exposure to China credits as the country’s earlier-than-expected reopening and the government’s focus on economic growth, away from draconian COVID curbs, continue to boost risk sentiment for the region.
As for clients mostly looking for interest accrual, we recommend locking in yields for as long as possible while yields are near recent highs. Take advantage of US dollar investment grade credits with yields of at least 5%, which, we believe, is decent already for the next five to 10 years.