What are the greatest risks for fixed income investors?

The 40-year bull market ended over a year ago

Fixed income investors face an increasing risk of a significant decline in asset prices in the years ahead, writes Charteris' Ian Williams.

Our long-cycle analysis, as I have previously warned, flagged the end of the 40-year bull market in bonds more than a year ago as interest rates reached a 300-year low.  Since then, the US has begun raising rates to normalise its monetary policy amid low unemployment and growing economic activity.  With major commodity prices - an early indicator of inflation - also hitting multi-year highs, the Bank of Canada has followed suit and could soon be joined by the Bank of England in raising rates as it grapples with above-target inflation. What's the biggest risk to owning corporate bon...