Want to create an interactive transcript for this episode?
Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Are future rate cuts ideal for bond investors?
Description: The final quarter of 2023 saw a rally in seemingly everything, which caught most investors off-guard, especially in fixed income markets. The US 10 year Treasury yield had peaked near 5% back in October, before falling to around 3.9% by the end of 2023. Some investors hope that the momentum from the fourth quarter of 2023 will accelerate in the new year. So is the bond market poised to skyrocket in 2024? On Money in the Market, Hongbin Jeong speaks to Omar Slim, Co-Head of Asia ex-Japan of Fixed Income at PineBridge Investments, to find out more about the outlook of fixed income markets in 2024.