The Zhitong Finance App learned that during Scott Colbert's 40-year bond investment career, he rarely felt the need to drastically adjust his strategy. But he said that right now is such a critical moment. Colbert works for Clayton Commercial Bank in Missouri as a fixed income director with a management scale of 28 billion US dollars. He didn't anticipate the economic cloud coming to a head — on the contrary, he expected economic growth to accelerate in the coming months. The problem is that the current price of corporate debt is too high, and there is very little room for fault tolerance, so the potential return is no longer sufficient to cover the risks taken.

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