Aegon Ltd. (AEG) News
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latest coverageEmerging-market investors from Aegon USA Investment Management to JPMorgan Asset Management are dialing back riskier bond bets as the deepening selloff in global credit markets starts to derail a stellar run for debt in the developing world.
Aegon Asset Management is betting that the gap between short- and long-term US borrowing costs will continue to widen despite Treasury Secretary Scott Bessent’s bid to contain rates on longer-dated bonds.
Gilt markets have shrugged off the lack of economic policy clarity from Andy Burnham, the likely successor to replace Keir Starmer as UK prime minister, according to Aegon Asset Management’s James Lynch.
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