Skip to main content

War-induced rally in DM bonds may not be sustained

While the war in Ukraine may well push down the yields of long-dated developed market government bonds further in the near term, we think that a sustained rally in bonds is unlikely unless the war causes a sharp fall in output in major DMs, which, for now, is not our base case scenario. In view of the wider interest, we are also sending this Global Markets Update to clients of our Asset Allocation Service.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access