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."
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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."