![Gauging the Pain Threshold](/sites/default/files/styles/teaser_image_max715/public/24_2018-11-14_Blog_Teaser.jpg.webp?itok=PqkTLao4)
Gauging the Pain Threshold
A quick look at the dashboard of 16 fixed income indices I track clearly shows the amount of pain experienced by investors so far this year. Of the 16 indices I follow, which include IG corporates, government bonds and high yield all denominated in sterling, euros and dollars, Bank CoCos, £ and € Sub Insurance, three hard currency corporate EM indices and the G7 govvie index, only two had a positive total return for the year at the end of October.