Goldman Sachs Is Avoiding Credit, Sovereign Bonds [Bloomberg]

Christian Mueller-Glissmann, managing director of portfolio strategy and asset allocation at Goldman Sachs International, says the firm is avoiding credit and sovereign bonds. “Rates volatility can drive growth volatility, and that actually becomes a vicious cycle,” he says on Bloomberg Television. “So I think at the margin we are kind of avoiding duration in our asset allocation.”

Leave a Reply

Your email address will not be published.

scroll to top