Miner Company
UBS says to buy the bond market panic
UBS has suggested investors buy both government bonds and equities despite a sharp global sell-off in government debt triggered by inflation fears stemming from the war in the Middle East. Recent rises in bond yields have created an “appealing risk-return profile” for short- and medium-dated high-quality bonds, UBS chief investment officer Mark Haefele said, with the bank also maintaining a positive outlook for global stock markets.
UBS has suggested investors buy both government bonds and equities despite a sharp global sell-off in government debt triggered by inflation fears stemming from the war in the Middle East. Recent rises in bond yields have created an “appealing risk-return profile” for short- and medium-dated high-quality bonds, UBS chief investment officer Mark Haefele said, with the bank also maintaining a positive outlook for global stock markets.