Mark King

Our Fixed Income team look at how their markets have reacted to the developing Covid-19 situation, and what the impact on portfolios might be.

In a rare inter-meeting policy move on 3 March, the Federal Reserve Board Open Market Committee (FOMC) announced a 50 basis point rate cut in the Federal funds rate in an effort to mitigate the economic and market impacts of the novel coronavirus.

The region’s bonds stand out in a world of low and negative yields, but investors need to be picky.