Investors bullish on bonds as “mirror image of 2022” predicted for new year

After an annus horribilis for bond investment in 2022, investors believe the new year should hold better tidings. A change in central bank tone bodes well for fixed-income performance, while fund managers are increasingly confident that 2022’s asset pricing reset was sufficient to restore fixed income’s defensive characteristics after many years of distortion caused by low rates and QE.

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