Markit Recap – 3/7/2016

Investors have been flocking to government bond ETFs at a record pace since the start of the year, hoping to shelter from the surge in credit risk and profit as the market discounts the probability of nearing interest rate hikes. This has so far proved profitable as global government bonds have largely outperformed their corporate peers since the start of the year. But investors have also been loading up on duration risk, which could put a damper on returns, should yield