Kames' Price: Bond performance playing Covid-19 catch-up

Following unprecedented levels of support announced by the Federal Reserve, the European Central Bank and the Bank of England, one could argue that recent corporate bond performance has yet to fully reflect divergent prospects across sectors. There is much to consider. Exit strategies still need clarification. Will we have a staggered release of the population, with those under the age of 40 leading the charge back to work? Which industries will reopen first? (Spain restarted construction activity last week, but will the same pattern follow in each country?) Coronavirus Blog: Cabinet ...