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Scott Haslem

Higher allocation to government bonds ‘still compelling’

Central banks and markets are facing off over bond yields, but policymakers are clearly signalling a peak in interest rates.

Scott HaslemContributor

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It’s like early 2022 all over again. Bond and equity prices have again been correcting sharply lower over recent weeks.

But we’re not amid a post-pandemic rebound in economic growth, super-charged by too-low interest rates and generous government handouts. Nor is inflation being squeezed higher by the supply chain gridlock that dominated 2021 and 2022.

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Scott Haslem is chief investment officer at LGT Crestone.

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    Original URL: https://www.afr.com/wealth/personal-finance/higher-allocation-to-government-bonds-still-compelling-20231005-p5ea0t