The fixed income sector took a turn for the worse in 2022.

The fixed income sector took a turn for the worse in 2022.
A majority of Schroders’ global credit income fund is invested in investment grade bonds.
BBB bonds have mushroomed and fixed income, particularly high yield, has become a hot asset class in Asia again, according to Rachel Harris, senior investment director for credit at Aviva Investors.
High yield bonds are the best performing asset class within fixed income year-to-date, but higher capital gains are in investment grade bonds, according to Pierre Chartres, London-based fixed income specialist at M&G Investments.
China is the biggest risk for the regional high-yield sector, according to Rick Mattila, international head of research at MUFG Securities.
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