Interest-Rate Paths Point to Decent Return in Fixed-Income Markets

The likely path of interest rates should produce a decent yield in fixed-income markets, AXA said, but cautioned that valuations were a concern and investor sentiment toward credit would be subject to the uncertain evolution of policy and geopolitical risks.

The likely path of interest rates should produce a decent yield in fixed-income markets, AXA said, but cautioned that valuations were a concern and investor sentiment toward credit would be subject to the uncertain evolution of policy and geopolitical risks.