Deep Dive into fixed income: The end of the bond bull market as we know it?

Impact of Covid-19 on bonds and beyond

Interest rates took a dive as the Covid-19 pandemic tightened its grip on the world this spring. How has this affected bonds and fixed income assets - and will they bounce back? Four experts give their thoughts to Investment Week.

Gary Kirk, partner and portfolio manager at TwentyFour Asset Management Since their inception in 2013, Additional Tier 1 (AT1) bonds have developed into a $200bn-plus multi-currency asset class which, with a high level of due diligence, can offer an attractive opportunity for fixed income investors facing another decade of ultra-low yields. What are AT1 bonds? AT1s are 'going concern' - or continuous levels of - hybrid debt. After the Global Financial Crisis, regulators set out to end the 'too big to fail' mentality and thereby support taxpayers by increasing both the quantity and qu...