Interest rates in the US are likely peaking in 2023 as the Fed has guided the pace of rate increases to be smaller, while signs of inflation concerns continue to abate. This is reflected in the widening spreads between the 2 year and 10 year US Treasury which is now at 0.8% compared to 0.4% in September. Will this finally make bonds a viable option as an asset class? For insights, we speak to Jesse Liew, Chief Investment Officer, Fixed Income ASEAN, Principal Southeast Asia.

This Market Outlook is brought to you by Principal Asset Management.