IVH - 2019 Credit Outlook: Time To Play Defense
By Collin Martin
Key Points
Risks are rising in the corporate fixed income markets and we suggest a more cautious stance heading into 2019.
Investors should consider moving up in credit quality.
Coupon income will likely be a key driver of total returns in 2019.
Risks are rising in the corporate fixed income markets and we suggest a more cautious stance as we enter 2019. Over the next 12 months, we expect volatility to remain elevated and we see risk that credit spreads will widen even further.
While investors don't need to abandon their corporate