China's first bond default: time to panic?

The first default of an onshore bond in China in March should cause investors to look twice at the country's high-yield universe, especially in the context of weaker covenant quality.


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How will you alter your portfolio after the US election result?





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Underweight US
  16%
 
Overweight US
  44%
 
Underweight EMs
  7%
 
Raise cash levels
  19%
 
No change
  14%
TOTAL VOTES: 149
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December 2016/January 2017 Magazine
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