Compensation Solutions Blog
Human Resources Outsourcing (HRO – PEO – ASO – Payroll – Agency)

BofA Merrill Lynch Global Research – A Fixed Income Research Report – Sunday, 13 January 2013

Overview – No room for error

Risky assets appear priced for perfection even as the debt ceiling debate approaches and the economic data has surprised to the downside recently. Credit valuations on the richer side argue for a more defensive positioning, although the risk-off move we expect is likely to be much more benign than the Aug ’11 selloff.

 

 

Read the full report here.