Macro outlook: A bondholders perspective

In this week’s podcast Guy Foster Head of Research, talks to the Allianz Macro Unconstrained duo of Mike Riddell and Kacper Brzezniak. We discuss the dichotomous performance of asset markets with bond performance implying gloom ahead whilst equity assets express more optimism. How strong will the recovery be and how will markets react? What is the impact of Covid on prices: inflation or deflation?  What do we now know about the views of the new governor of the bank of England and the likely impact on interest rates and bonds? With bond yields so low how can investors protect themselves against further falls?