Liz McCormick

The backdrop has shifted back in favour of bonds, with inflation more in check and the focus turning to a potential US recession at a time when yields are still well above their five-year average.

Bonds bounce back as a hedge after failing investors for years

Fixed income assets are working again as a hedge amid market chaos – the equities slump triggered by fear that the economy was recession-bound

The US economy continues to defy recession die-hards. Growth is accelerating and new jobs are being created.

Bond bulls double down on bet gone bad

CONVINCED a recession in the United States was near, some of the world’s most prominent money managers loaded up on government bonds this year in a bold bet that would atone for the punishing losses s...

Gold is a favoured trade in a stagflationary environment, as well as high quality bonds and companies with pricing power.

Stagflation risk eludes investors, threatens to expose market mispricings

Slowing economic growth plus persistent inflation could dash hopes for a pause in the Fed’s rate hikes, and pull the rug from under the rebound in risky assets

The stock market, usually an arena for shoot-first speculators whose grasp of big-picture meanings can be tenuous, absorbed Silicon Valley Bank’s downfall and the contagion fears that followed with relative ease.

Bond market is overplaying the risk of a deep recession

WHEN banks started going belly-up, the reaction in bonds was emphatic. Two-year Treasury yields slid a percentage point over three days in March, the most since 1982.