Bond investors facing long hangover
In the first of a series of articles on the fixed income outlook for this year, fund managers say bond investors are not pricing sufficient inflation into their expectations.
It’s been a 30-year long party, but fixed income professionals believe the world could soon be suffering a nasty and multi-year hangover.
If there’s one thing bond specialists agree on about 2017, it is that investors are failing to price enough inflation into expectations. Some believe inflation is already starting to drain the punchbowl dry, but it seems many guests have yet to realise it is time to go home.
How should investors re-adjust their investment strategies in this ne…
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