Some of the world's leading investors are flocking to short-term bonds, and they are hedging against a repetition of the 2022 situation. Since the Middle East conflict began, BlackRock's London-based James Turner has switched to shorter-term bonds and inflation-linked bonds; Aviva Investors, Aegon Asset Management, and Allspring Global Investments prefer short-term corporate credit, including asset-backed securities and private debt. Allspring Global Investments portfolio manager Lauren van Biljon said that compared to long-term government bonds, choosing short-term bonds, including credit bonds, is probably the “most agreed transaction” in the current market, “and the results are also very good.”

Some of the world's leading investors are flocking to short-term bonds, and they are hedging against a repetition of the 2022 situation. Since the Middle East conflict began, BlackRock's London-based James Turner has switched to shorter-term bonds and inflation-linked bonds; Aviva Investors, Aegon Asset Management, and Allspring Global Investments prefer short-term corporate credit, including asset-backed securities and private debt. Allspring Global Investments portfolio manager Lauren van Biljon said that compared to long-term government bonds, choosing short-term bonds, including credit bonds, is probably the “most agreed transaction” in the current market, “and the results are also very good.”