Amundi’s Vincent Mortier and Monica Defend assess how higher yields, geopolitical risks and heavy AI-related investment are reshaping global markets.
- US 10-year Treasury yields briefly reached 5.34%, as stronger growth, elevated energy prices and heavy AI-related corporate issuance increased pressure on bond markets.
- Higher yields are driving greater dispersion across credit and European sovereign markets, particularly in France.
- Amundi favours active, globally diversified fixed-income exposure and higher-quality bonds, while stronger balance-sheet scrutiny is warranted across AI-related equities and credit.
Explore the full report for Amundi’s assessment of opportunities in this higher-yield environment.