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Yield-Inversion Fear Pits JPMorgan Against Aviva Fund Manager

TedTed
in The Bullpen
FYI Some have started to fret the bond market is portending a recession. Not James McAlevey.

The fixed-income fund manager at Aviva Investors, which oversees 243 billion euros ($301 billion) of bonds, is instead loading up on risk and yield curve-steepener trades. He expects the U.S. economy to expand -- not shrink.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-04-11/yield-inversion-fear-pits-jpmorgan-against-aviva-fund-manager?srnd=fixedincome
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