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After wild year, euro zone is top pick of world bond markets | Hellenic Shipping News Worldwide

After wild year, euro zone is top pick of world bond markets | Hellenic Shipping News Worldwide
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After wild year, euro zone is top pick of world bond markets

Analysis-After wild year, euro zone is top pick of world bond markets

For investors who braved their 'bonds are back' call in a turbulent year, euro zone debt was the big winner and a souring economy with tighter purse strings mean its allure will continue in 2024. The euro zone government bond market, worth roughly $10-trillion, is set to return 6.5% this year, leading a rebound from two years of negative global bond returns as inflation soared. The market has sharply outperformed U.S. Treasuries, up 3.5% this year, and UK gilts, up 2.4%, according to ICE BofA indexes.

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