Bond yields will rise but look out for opportunities in shorter dated bonds

TIGHTER monetary conditions alongside soaring inflationary expectations will weigh on the corporate fixed income market. However, we still see opportunities in the shorter end of the curve.

Consumer and agricultural prices are rising at a clip that may be among the fastest in a decade. The UN Food and Agriculture World Food Price Index says prices of food commodities are at their highest level since 2011.

Supply chain disruptions, high transportation costs and stronger food demand are all creating the perfect cocktail for surging agriculture commodities.