Core Viewpoint - The article discusses the intersection of asset scarcity and reshaped demand in the credit bond market, providing a strategic outlook for 2026 [2] Group 1: Market Dynamics - The current environment is characterized by a scarcity of assets, which is influencing investment strategies and credit bond demand [2] - There is a notable shift in demand patterns, driven by changing economic conditions and investor preferences [2] Group 2: Credit Bond Strategy - The article outlines a strategic approach for credit bonds in 2026, emphasizing the need for careful selection and risk assessment [2] - It highlights the importance of understanding macroeconomic indicators and their impact on credit markets [2] Group 3: Investment Opportunities - Potential investment opportunities are identified within specific sectors that are expected to perform well despite the overall market challenges [2] - The analysis suggests focusing on high-quality issuers and sectors with resilient fundamentals [2]
【申万固收|信用】当资产荒遇上需求重塑——2026年信用债年度策略
申万宏源证券上海北京西路营业部·2025-12-09 02:12