Haig Bathgate, joint-CEO and CIO of Tcam Asset Management, has said the fixed income space is a "ticking time bomb" due to the interest rate sensitivity and illiquidity of the asset class.
Speaking to Investment Week, Bathgate said bonds are hugely sensitive to interest rates movements in the current climate, and unexpected interest rate increases could cause huge volatility in the market....
The US dollar is close to peaking and the risks now seem to be on the downside.
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