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Mohamed El-Erian

President at Queens'​ College, Cambridge

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Further to the earlier posts on the how the reality and perception of Central Bank backstops has enabled massive issuance in high yield and in emerging markets, this chart illustrates the massive rush by investors into public funds in the junk bond market. #markets #emergingmarkets #markets #centralbanks #investing #bonds #investors #highyield #fed #assetallocation #investmentmanagement #fixedincome #em #emergingmarkets …see more

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#markets #emergingmarkets #markets #centralbanks #investing #bonds #investors #highyield #fed #assetallocation #investmentmanagement #fixedincome #em #emergingmarkets

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