Maximising returns in a volatile bond market, July 2024

George Curtis, manager of the TwentyFour Dynamic Bond fund, explores the current state of the bond market amid dynamic economic conditions. George shares his perspective on the outlook for interest rates, the Federal Reserve's dovish pivot and a gradual rate-cutting cycle beginning around September. He also emphasises the importance of maintaining some duration in portfolios for protection while focusing on credit for returns. He highlights areas of value, such as CLOs and AT1 bonds, explaining their appeal and potential in the current environment.