Get Fed Monkey Off Our Backs for Bonds to Rally, Europe SaysBy
Key U.S. interest rate seen boosted sometime during 2015
Investors prefer high-yield assets, seeing rates staying low
BlueBay Asset Management LLP is buying Spanish and Portuguese bonds, unperturbed by the prospect that the Federal Reserve will raise interest rates Thursday. Vontobel Asset Management Inc. is going a step further, favoring Mongolia’s dollar-denominated securities.
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