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How the world’s biggest bond managers are investing in a tumultuous market

Source: The Globe and Mail

Credit & Bond MarketsInterest Rates & YieldsInvestor Sentiment & Positioning

Vanguard senior bond fund manager Arvind Narayan warned investors against taking aggressive positions after a tumultuous year for bonds, saying, “This is not the time to be a hero.” The commentary signals a cautious outlook for fixed-income risk-taking amid continued market instability.

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