Chapter 7
Hunt for yield
A lot will depend on the successful distribution of a vaccine. Any disappointment in the distribution or effectiveness of a vaccine is likely to be associated with lower bond yields. Central bank influence seems omnipotent and hence yields will be a function of central bank expectations around growth and inflation. Matthias Scheiber, Wells Fargo Asset Management
INSTITUTIONAL ASSET MANAGER GLOBAL OUTLOOK REPORT | Jan 2021
www.institutionalassetmanager.co.uk | 20
