Have we seen peak bond yields?

Roni Green from GF Asset Management provided an in depth overview of what is happening with US bond yields and why he thinks it is time to start adding duration to the portfolio.

He explained that for major global institutions with long dated liabilities, the US 10-Year Treasury yield above 5% represented an attractive entry point where there is more potential upside than downside to the price of the bond, particularly with heightened geo-political risks and a slowdown in economic activity and possible recession.

Looking at the September quarter CPI reading, Roni considers that this could well prove to be a market moving event for the Australian dollar and the bond market. Currently the market is pricing in another RBA rate hike into 2024.

Find the full unedited transcript of this interview below: