Andy Chorlton, CIO for fixed income at M&G, says rising bond yields have made the asset class more attractive to investors.
Key facts
- •Andy Chorlton serves as the CIO for fixed income at M&G.
- •Real yields for 10-year bonds in the US and UK are currently at 2%.
- •Chorlton characterizes fixed income as a low-risk asset class.
- •The current yield environment follows several years of poor performance for the asset class.
Andy Chorlton, the chief investment officer for fixed income at M&G, stated that recent increases in bond yields have improved the appeal of the asset class. After a period of poor returns, Chorlton noted that fixed income now presents a more favorable investment profile compared to other available options.
Positive Real Yields
Chorlton highlighted that real yields in both the United States and the United Kingdom have reached 2%. He described this as a strong starting point for an asset class he continues to categorize as low-risk relative to other market alternatives.
Advertisement
This article was independently rewritten by ManyPress editorial AI from reporting originally published by Bloomberg Markets.
