Investments

Harbour Monthly Commentary: Finding value in corporate bonds

Thursday 7th of March 2013

• Corporate bond markets performed strongly over the second half of 2012, both in New Zealand and offshore. Attractive valuations, an improving macroeconomic environment, policy actions that reduced risks to investors and a search for yield combined to create a very supportive mix of conditions.

• With credit spreads now at the lowest level since the early days of the GFC, some commentat...

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