In this article, originally published by UOBAM on 1 July 2022, three senior bond managers share their thoughts on what has happened thus far in a tumultuous year for financial markets, and how they are gearing up for the rest of 2022.

Mid-year manager roundtable: bond market reflections

‍Q: Bonds are regarded as relatively safe assets. Yet, in the first half of 2022, bond markets were far more volatile than they have been historically. What are the lessons to take away from this period? Joyce Tan, Head of Fixed Income Asia/Singapore: This year has been a reminder that perfect storms can and do happen. As we speak, inflation has hit levels not seen in 40 years and the political conflict in Europe is the largest since World War II. Also, we are only just emerging from a once-in-a-century pandemic that rampaged through humanity for two years.  There are no...