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M&G Investments

2024 Top 500 ranking: 73

High yield floating rate notes: Prospects in the next stage of the cycle

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Global high yield floating rate notes delivered strong returns in 2023 during a period of heightened macroeconomic uncertainty that included double digit inflation and interest rate hikes. With 2024 well underway, inflation is returning to target levels and the prospect of slower, yet positive, economic growth has encouraged a cautious ...

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