The surprise election of Donald Trump caused a wave of widening, tightening and widening of 10-year Treasuries. Will his re-election be a boon for bonds? Four experts offer their views.
Global managers believe the economy will improve, but are diversifying their stocks over rising concerns about tech values, said the latest BoA Merrill Global Fund Manager Survey.
The firm's director of asset management sees Asian debt as a good post-Covid opportunistic play, but Spanish insurer Mapfre is put off by weakening Asian currencies.
Beijing is seen as highly unlikely to rush to offload US Treasuries for a number of reasons, despite mounting tensions between the US and China.
Asian US dollar bonds have not only withstood the worst of the Covid-19 volatility so far but have come out as attractive as ever – offering investors opportunities to pick value at various points of the yield curve.
Regional life insurers will seek to reweigh their portfolios to seek out sufficient returns in the low rate environment, reduce duration gaps and adapt to new capital rules.