Negative rates and US credit outlook
While some central banks are experimenting with negative interest rates as a way to stimulate their economy, some regions like Japan and Europe have not yet been successful, which could lead to possible unintended consequences. My colleague and fixed income investment specialist, Eric Delomier, discusses the negative rates and why Capital Group believes low US yields should continue to appeal to global investors.
Paul Hennessy is managing director, Australia & New Zealand, at Capital Group. As a relationship manager, he is responsible for covering the institutional client base in Australia and New Zealand. He has 33 years of investment industry experience...