Dodge & Cox's Emery: Definite Opportunity in Fixed Income
Analyst Pick Dodge & Cox Income's Dana Emery on picking up pharma bonds at nice spreads, and the portfolio's financials and mortgage stakes.
Dan Culloton: We've heard a lot of equity investors say that the crash of 2008 presented an opportunity to buy the stocks of very, very high-quality companies at very good valuations. Companies that they would not have normally been able to buy.
Have you seen the same type of opportunities in the fixed income market?
Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.