Interest rate cut to drive investors to esoteric asset classes

Interest rate cut to drive investors to esoteric asset classes

Jennifer Kang

July 10, 2019 08:30 PM

PA-Powell — (171102) -- NEW YORK, Nov. 2, 2017 (Xinhua) -- File photo taken on Oct. 22, 2014 shows Jerome Powell attends a meeting at the U.S. Federal Reserve in Washington D.C., capital of the United States. U.S. President Donald Trump on Nov. 2, 2017 announced that current Federal Reserve governor Jerome Powell will head the country's central bank as incumbent Chair Yellen's term expires in February next year. (Xinhua/Bao Dandan) | Bao Dandan/Xinhua News Agency/PA Images

With the Federal Reserve on Wednesday signalling a July interest rate cut, investors say they are planning to move further afield for opportunities, shifting more heavily into off-the-run assets to hit yield targets.

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Topics

Private debt Securitization United States Americas North America Corporate Bonds Structured Bonds

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Jennifer Kang