Asset AllocatorDec 16 2024

Will bonds still be the word in 2025?

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Will bonds still be the word in 2025?
© FT montage/AP/Getty/ReutersA montage of European Central Bank president Christine Lagarde, Federal Reserve chair Jay Powell and Bank of England governor Andrew Bailey against the background of their respective organisations’ buildings

Fixed income has been interesting again over the past couple of years. As global inflation peaked in 2022, central banks moved to raise base rates, causing yields to rise on government bonds.

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