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Osterweis Fixed Income Outlook

Perspectives Content Submission

Wed, 19 Oct 2011

The third quarter was a reversal of the first six months of 2011.  In the first half of the year, the U.S. high yield bond market 1 , like the U.S. and European stock markets 2,3 , was up about 5-6%.  In the third quarter, uncertainties on both sides of the Atlantic completely changed the global ec
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