2023 high-yield midyear market review

With the UK budget looming, gilts rallied through October – helped somewhat by an interest rate cut. There were also rate moves elsewhere, with the US and Canada cutting, while Japan and the ECB kept things on hold. Read our weekly snapshot of global fixed income markets.

We focus on China and two key events from the past few weeks that are likely to shape the outlook going forward.

The first in a mini-series of short articles designed to educate readers on asset-backed securities (ABS) and the benefits of investing in the asset class. First up: what it is and how it actually works.