Invesco positive on Asian credit in 2024 as Fed pause looms

November 28, 2023

https://finance.yahoo.com/news/invesco-positive-asian-credit-2024-100010640.html

Invesco positive on Asian credit in 2024 as Fed pause looms
Global asset manager Invesco expects better returns from Asian credit markets in 2024 compared with the last two years as bets rise that the U.S. Federal Reserve will pause its interest rate hiking cycle. Asian investment-grade corporate bonds “will return in mid-teen percentages,” on average, as the Fed holds off on further rate rises, Freddy Wong, head of Asia Pacific at Invesco Fixed Income, told the Reuters Global Markets Forum (GMF). Wong expected Asian credit markets to broadly offer high single-digit to low double-digit returns in 2024.
https://finance.yahoo.com/news/invesco-positive-asian-credit-2024-100010640.html

Related news for (IVZ)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.