October 2014 Curtis Arledge | Chief Executive Officer of BNY Mellon Investment Management
In an exclusive interview, Curtis Arledge, Chief Executive Officer of BNY Mellon Investment Management, discusses the global markets and his reaction to recent events in the fixed income space.
Bonds are subject generally to interest rate, credit, liquidity and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes, and rate increases can produce price declines. The securities of issuers that are principally engaged in the real estate sector may be subject to risks similar to those associated with the direct ownership of real estate. These include declines in real estate values and defaults by mortgagors or other borrowers.