Negative bond yields: Try to stay positive

Key insights:

  • The amount of global bonds trading at negative yields continues to rise and has accelerated recently.
  • There are a number of reasons why investors continue to hold and purchase bonds with negative yields.
  • Rate and credit volatility are likely to continue, offering opportunities for active fixed-income investors to source alpha and manage risk.

Believing in Brazil

Before arriving in Brazil (and after the seven inoculations I had to get before traveling), I thought hard about what to expect from my first trip to a Latin American country. Would I see poverty next to wealth? Would people be accepting of foreign visitors? What if I got lost in São Paolo?