Fixed income in 2024: what investors should expect
It has been a tough few years in fixed income markets. Rather than the ‘safe’ part of an investor...
Jim Leaviss, manager of M&G Global Macro Bond and head of fixed interest at M&G talks to us about a range of topics and issues facing the bond market. We start in the US with the central bank moving its inflation target and what that means for bonds [0:38] before moving into the changes in Japan with a new Prime Minister [3:32] and Jim explains why he likes to hold Japanese Yen currency [2:55].
Then we move on to the new Brexit deadline looming and the impact on UK bond markets [4:34], what a no-deal Brexit means for government bonds [7:25] and briefly negative interest rates [7:46]. We finish up the interview by talking through the funds current positioning [8:22] and why high yield is not attractive to him at the moment [8:40].