'What is different this time?': Experts debate a delayed 'year of the bond'

Stark parallels to 2023 outlook

Eve Maddock-Jones
clock • 5 min read

Bond markets failed to deliver the buoyant year experts had forecast at the beginning of 2023 but some are hoping the improved inflation outlook will still usher in the long-awaited rally.

In 2022, bond markets saw one of their biggest declines on record but higher yields, falling inflation and the prospect of interest rate cuts buoyed bond markets at the start of 2023, with experts dubbing it the ‘year of the bond'. By the end of Q1, experts were already pulling back on this view, and at the end of bonds' ‘year', managers are facing their third straight year of losses for the first time in roughly four decades. Higher for longer: Fixed income popularity mounts as investors prepare for a new rates environment "Investors could be forgiven for rolling their eyes at a f...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Credit Suisse AT1 bondholders sue Switzerland over $17bn wipeout

Credit Suisse AT1 bondholders sue Switzerland over $17bn wipeout

Case filed in New York court

Valeria Martinez
clock 07 June 2024 • 2 min read
Fixed income funds suffer first net redemptions since October 2023

Fixed income funds suffer first net redemptions since October 2023

Second-worst figure on record

Cristian Angeloni
clock 06 June 2024 • 3 min read
Deep Dive: Tight credit spreads on US corporates heightens domestic volatility risk

Deep Dive: Tight credit spreads on US corporates heightens domestic volatility risk

Role remains in adding duration

Eve Maddock-Jones
clock 24 May 2024 • 3 min read