Ready? (or Not) …Changes are Coming
Q1 started with Omicron, the COVID-19 variant being front and center: countries around the world re-imposed lockdowns and travel restrictions. Not sure anyone was “ready” for another wave and being under restrictions again, but as the French say … “c’est la vie”. While working from home continued for most of us, it was far from boring for bond portfolio managers: it was like watching the greatest bond movie in history unfold.