February 18, 2022

What Are Our Bond Models Saying?

Our bond models are summarized by a Risk Indicator. This consists of three subcomponents: cycle, value, and momentum. A high risk reading is bearish for bonds, and vice versa. The models are a key input to our call on duration and global fixed income country allocations. What’s the message from our models after the recent rise in bond yields? Which countries have the best risk profile?