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December 27, 2022

Global | Annus horribilis for fixed income

2022 has been a dismal year for the fixed income market in general, including sovereign bonds. As the year draws to a close, bond prices, which move inversely to their yields, have fallen by an average of about 15% globally.

October 31, 2022

Global | An overly abrupt adjustment process

Fixed income and equity markets alike have reported losses this year, largely due to the doggedness of the monetary authorities in combating rampant inflation, even if that means sacrificing growth.