Read the passage below from the financial press and answer the following question: what types of active bond portfolio strategies is the company employing and why? ABC Capital Management LLC considers...

Read the passage below from the financial press and answer the following question: what types of active bond portfolio strategies is the company employing and why? ABC Capital Management LLC considers increasing the allocation of corporate bonds in its fixed-income portfolio over the next six months. The manager plans to purchase AA or better grade corporate in the expectation of economic recovery, which should narrow spreads, and an upgrading of some credits.