Inflation has crept back after decades in hiding. Interest rates are starting to react. How much further bond prices fall depends on how much more inflation rises.
There have been a litany of factors driving inflation higher, including supply-chain disruptions, a lack of qualified workers in many industries, and flourishing resource/commodity prices. It appears likely that many of these driving factors will be with us for much longer than many observers expected not long ago.
On November 30, Benefits and Pensions Monitor hosted a webinar where FGP offered an economic perspective on inflation and interest rates and explained how to improve fixed income portfolios in the current market environment. We also described how to use fixed income "Plus" factors to help counteract inflation.
You may watch a recording of this webinar by registering here.