AB's Shah: Investors Should Take Some Profit Off Bonds

The video discusses the Federal Reserve's interest rate expectations, highlighting the low probability of a rate increase in September and the potential for a more hawkish tone in the future. Chair Yellen is focused on global and US growth, with inflation risks being a key consideration. The discussion also covers the impact of global monetary policy on high yield credit and other risk asset classes, emphasizing the attractiveness of high yield investments despite potential risks.

What are the implications of global growth on the Fed's interest rate decisions?

In what ways has the energy sector performed in relation to high yield investments?