The historically rapid rise in interest rates in recent months had shaken up the bond markets. In the meantime, more calm has returned, combined, however, with uncertainty about the central banks’ further steps. “Initially, we expect yields to rise at the short end”, says Carsten Gerlinger, Managing Director and Head of Asset Management at Moventum AM. “This is especially in view of central bank policy, whose cycle of interest rate hikes has yet to come to an end.” At the long end, however, yields are already becoming attractive, so an extension of duration in the portfolios is advisable.
The US
The US
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Pmqpmovnqf tokuudxjqui gm phnupnevz tb ror.svcstgor.tf
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Pmqpmovnqf tokuudxjqui gm phnupnevz tb ror.svcstgor.tf
