Vanguard and JPMorgan Reduce Junk Bond Holdings
Oct. 12 (Bloomberg) -- GMP Securities Adrian Miller talks about junk bonds and his investment strategy. He speaks on Bloomberg Television's "Lunch Money." (Source: Bloomberg)
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22:18 - With Britain’s European Union referendum looming, Bank of England governor Mark Carney will present economic projections next week to guide investors on an outlook that has rarely been more clouded in doubt. Uncertainty stemming from the vote is already being felt, with manufacturing shrinking and growth slowing. While the Monetary Policy Committee has signaled it won’t rush into action, weak consumer-price increases and economic risks mean it will probably keep its key interest rate at a record-low 0.5 percent on Thursday. Allianz Global Investors Global Macro Strategist Lucy MacDonald discusses with Bloomberg's Anna Edwards on "Countdown."