Lagging effect of tightening monetary policy will weigh on credit

The overwhelming demand for credit given the relatively attractive yields on offer has provided is a strong tailwind, according to Loomis Sayles. However, the bulk of this yield has come from the underlying government bonds and corporate bond spreads have been pushed tighter. Even though credit quality has help up well, caution is warranted. Read more. For professional investors only. Capital is at Risk. Marketing Communication.