The value of debt securities issued by Canadian corporations and governments was $4.2 trillion at the end of Q3 2018
The company is adding a currency management strategy to Franklin High Income Fund
Rising interest rates in the past year have put downward pressure on bond prices, which move in the opposite direction to yields
Investing in bonds to take shelter from the potential tumble in stock prices also carries great risk
Sovereign and corporate emerging-market bonds carry greater risk, but offer potential for significant pick-up in yield to bonds from developed markets
Bond investors are giving up a lot of yield by taking on government bonds to avoid the potential default in corporate bonds
Fixed-income investors are looking to high-yield bonds, preferred shares, REITs and MICs to generate greater returns
Short-term interest rate tightening is likely to flatten the yield curve if not accompanied by expectations of higher future inflation
Sonal Desai will succeed Chris Molumphy at the end of the year
A pair of notices offer direction for investment dealers and fund managers