The Tell: Fixed-income markets ‘holding up OK,’ TwentyFour portfolio manager says, as Evergrande sparks stock selloff

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Fixed-income markets in the U.S. didn’t seem as spooked as equities by a looming default by Chinese property giant Evergrande, according to David Norris, the head of U.S. credit at TwentyFour Asset Management.

Fixed-income markets in the U.S. didn’t seem as spooked as equities by a looming default by Chinese property giant Evergrande, according to David Norris, the head of U.S. credit at TwentyFour Asset Management.