Invest: Lazard-Experte: Warum Anleihen dem Depot wieder Halt geben
Lazard-Anleihe-Chef Benjamin Dietrich erklärt, warum er gute Chancen bei US-Anleihen sieht und warum Bonds zur ernsthaften Konkurrenz für Aktien werden.
Global bond yields have nearly quadrupled since the Covid pandemic, according to Benjamin Dietrich, head of fixed income at Lazard. This surge in returns has made bonds a strong competitor to stocks once again, Dietrich asserts. He believes demand for bonds will remain strong in the long run, particularly as U.S. pension funds have achieved substantial profits in the stock market and can now invest in attractive bond yields.
Crucially, the real return, after accounting for inflation, has significantly increased to 3.5 percent. This figure is considered significant by institutional bond investors. Despite tensions in France, Dietrich does not foresee a European crisis and instead favors U.S. bonds. In a separate podcast, Thomas Jansen, a technical analysis expert at Investor Guard, discusses new entry points for gold investments.
The gold analysis by Jansen is available on the Handelsblatt Invest podcast, hosted by Astrid Dörner and produced by Lukas Teppler.
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