'Bonds are back' as markets enter a 'new paradigm,' says HSBC Asset Management
Publishing timestamp: 2023-12-14 02:45:00
Summary
HSBC Asset Management warns of a "problem of interest" for global economies due to tight monetary and credit conditions, increasing the risk of an adverse growth shock in 2024. They believe global markets are entering a "new paradigm" with interest rates remaining around 3% and bond yields around 4%. The report suggests that bonds are back and highlights potential opportunities in global fixed income, selective equities, and emerging markets. Asian equities are seen as a relative bright spot with attractive valuations and strong growth potential.
Sentiment: MIXED
Tickers: HSBA-GB,
Keywords: business news, economy, asia economy, markets, bonds, hsbc holdings plc, central banking, breaking news: economy, breaking news: markets, breaking news: investing, banks, investment strategy,