CIO10 min read

The rate cycle has turned, now what

Fixed income is back as a real asset class. Here is the case.

Four people in discussion at a table, a laptop showing a chart in the foreground

For more than a decade, savers were punished by zero and negative interest rate regimes. Today, fixed income has returned as a legitimate asset class delivering real returns above inflation.

Duration & Quality

We advocate positioning in high-grade sovereign debt and selected Swiss corporate paper to lock in coupon yield while guarding against equity market pullbacks.

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