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2021 will bring its fair share of uncertainty, whether it be ongoing pandemic worries, geopolitics or an economic backdrop that remains unpredictable. Those near-term concerns are likely to keep corporations conservative and focused on improving their balance sheets. Over the long term, the continued support of fiscal policy and central banks around the world, in a moderately low economic growth backdrop, tends to bode well for credit investors.
PGIM Fixed Income discuss the attractive opportunities in credit: short duration credit, credit spread sectors and multi-sector strategies.
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