Reported about 17 hours ago
JPMorgan Asset Management and PineBridge Investments are optimistic about Asian junk-rated bonds, driven by high yields and a favorable economic forecast, despite challenges in the Chinese property sector. They predict a robust year for risky bonds outside the real estate market, estimating a high single-digit return by year-end. The companies emphasize their belief in the resilience of regional firms, noting healthier balance sheets and shorter bond durations compared to U.S. counterparts.
Source: YAHOO