JPMorgan Asset Management's international head of fixed income, Iain Stealey, said in a report that now is a good time for bond investors to gradually increase their exposure to interest rate-sensitive bonds by extending maturities or increasing risk. With attractive valuations and a positive yield curve, investors may consider buying longer-dated bonds. He said, "Rising rates may reignite the correlation between stocks and bonds, meaning stocks falling may lead to bond rebounds. However, the main risk is the possibility of additional fiscal stimulus, which could trigger an inflation pickup. Any further stimulus measures that trigger an increase in yükseliş and inflationary shocks could lead to a Fed rate hike cycle for which the market is not fully prepared."
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
J.P. Morgan: Uzun vadeli tahviller şimdi daha çekici
JPMorgan Asset Management's international head of fixed income, Iain Stealey, said in a report that now is a good time for bond investors to gradually increase their exposure to interest rate-sensitive bonds by extending maturities or increasing risk. With attractive valuations and a positive yield curve, investors may consider buying longer-dated bonds. He said, "Rising rates may reignite the correlation between stocks and bonds, meaning stocks falling may lead to bond rebounds. However, the main risk is the possibility of additional fiscal stimulus, which could trigger an inflation pickup. Any further stimulus measures that trigger an increase in yükseliş and inflationary shocks could lead to a Fed rate hike cycle for which the market is not fully prepared."