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Preparing for a Gradual Recovery

Manager Kathleen Gaffney describes how Loomis Sayles is assessing and positioning their bond portfolios for what they expect to be a modest economic recovery.


Michael Herbst: To circle back to the corporate bond space, obviously both investment-grade and high-yield rallied quite strongly in March and April.

Kathleen Gaffney: I'll say. It has been phenomenal.

Michael Herbst does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.