Liontrust Multi-Asset Quarter in Review - Flipbook - Page 13
Performance of bond markets
Rising yields spell difficult period for fixed income
Yields continue to rise (and capital values fall) as interest rates climb,
with emerging market debt hit hard by the Russia situation. Even
inflation-linked debt, which has held up well over recent quarters, is
now struggling alongside the rest of the spectrum.
Bond returns Q2 2022
0%
-2%
-4%
-4.7%
-6%
-7.0%
-8%
-10%
-10.5%
-10.1%
-10.3%
-12%
Emerging Market Debt
Inflation Linked Debt
Developed Country
Investment Grade
Developed Country
Developed Country Govt
High Yield
Source: Morningstar, 30.06.22.
Liontrust Multi-Asset Funds and Portfolios Quarterly Report: Q2 2022 - 13