Inflation has proven sticky while economic growth slows and a recession looms.  Against this backdrop, investors continue to face uncertainty over the rate path and growth outlook. Some may be pondering their next moves in terms of how they can approach fixed income amid persistent market volatility. Here’s why leading fund managers are recommending exposure to fixed income in these times — and their thoughts on where the best opportunities in fixed income are. <divider><divider>

Opting for a smoother ride

Capital Group, 12 May 2023 “‘As we think about all the uncertainties, it makes sense to remind ourselves of why we buy bonds in the first place,’ [John Queen, fixed income portfolio manager], says. He offers the analogy of heading on a long-distance road trip and opting to drive a sensible sedan over a fast but finicky race car. ‘We own bonds as part of a broader portfolio aiming to...