Corporate bonds overvalued, CFA survey finds

Diamond
By Richard Metcalf
13 Aug 2014

Investment grade corporate bonds are overvalued, said nearly three quarters of analysts and investors polled by CFA Society of the UK. However, don't expect wider spreads yet, said bankers.

CFA UK, the professional association for financial analysts and investors, conducted the survey of its membership, consisting mainly of buy-side fund managers and analysts, between July 22 and 31, receiving 584 responses

Only 9% of the respondents said non-US investment grade corporate bonds, represented by the S&P International Corporate ...

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