Obligations

Rapports spécifiques · 02 mars 2026

La performance à long terme des actions et des obligations suisses (1900-2025)

Pictet Wealth Management a publié la mise à jour de son étude à long terme sur la performance des actions et des obligations suisses. Cette étude, qui se base désormais sur des données remontant à 1900 (au lieu de 1926 auparavant), analyse la performance des actions suisses et des obligations libellées en francs suisses entre 1900 et 2025.

Revenu fixe · 23 juin 2025

Catching fallen angels

When corporate bond issuers suffer downgrades, opportunities open up for investors prepared to take the long-term view.

Revenu fixe · 05 mai 2025

The twin sell-off that signals a break with the past

Why the simultaneous decline in Treasuries and the US dollar is a warning sign for investors.

Revenu fixe · 25 févr. 2025

Le crédit comme refuge pour les investisseurs en obligations

Les déficits publics importants et la hausse de l’endettement menacent d’attirer l’ire des détenteurs d'obligations. Le crédit, en revanche, offre un refuge aux investisseurs obligataires.

Revenu fixe · 27 nov. 2023

Emerging-market bonds: 2024 outlook

Emerging-market bonds, both government and corporate, will be an attractive source of portfolio diversification.

Revenu fixe · 23 mai 2023

Credit markets update

Challenging environment ahead

Revenu fixe · 06 avr. 2023

Bonds’ roller-coaster ride may not be over yet

We believe market pricing of Fed rate cuts this year is premature, opening up the chance of a small rebound in two-year Treasury yields.

Revenu fixe · 17 févr. 2023

Our 2023 outlook for Italian sovereign bonds

A ray of sunshine through the clouds.

Rapports spécifiques · 26 janv. 2023

La collection d’Aarti Lohia, reflet de ses goûts et de son parcours

Passionnée d’art et philanthrope, elle avoue n’avoir «jamais prévu» de devenir collectionneuse. Pourtant, aujourd’hui, son avis est très écouté dans le monde de l’art contemporain.

Revenu fixe · 12 janv. 2023

Our 2023 outlook for emerging-market bonds

We expect Asian corporate bonds to make a comeback this year thanks to Chinese re-opening, while local-currency bonds could be helped by an end to US rate rises and currency trends.

Revenu fixe · 22 déc. 2022

Our 2023 outlook for German Bund

Safe-haven status in question.

Revenu fixe · 13 déc. 2022

Our corporate bond outlook for 2023

A rising default rate should not be such bad news for investment-grade credits.

Revenu fixe · 08 déc. 2022

Our 2023 core sovereign bonds outlook

US Treasuries' safe-haven status set for a comeback.

Revenu fixe · 01 nov. 2022

US Treasuries volatility is rising amid deteriorating liquidity

As we await tangible signs that the end of Fed rate hikes is near, we remain neutral on US Treasuries.

Revenu fixe · 30 mai 2022

More pressure on the renminbi, less on bonds

Monetary policy divergence could continue to weigh on the Chinese currency, while the closing of the yield gap means we have moved from an overweight to neutral on Chinese government bonds.

Revenu fixe · 06 mai 2022

Close to a peak?

We expect the upward pressure on government bond yields to ease as the year progresses.

Revenu fixe · 15 avr. 2022

Bond investors need to understand the volatility cycle

Fixed income markets have become increasingly volatile, a trend that looks set to continue. Investors need to adapt themselves.

Revenu fixe · 13 avr. 2022

Looking for ‘safe’ carry

US investment-grade bonds could prove relatively resilient as conditions for credit become tougher.

Revenu fixe · 12 janv. 2022

Our 2022 scenario for corporate bonds

Looking for a comfortable spread cushion.

Revenu fixe · 10 déc. 2021

Our 2022 scenario for the UK economy and gilts

We are relatively cautious on the UK’s prospects next year. We remain underweight UK government bonds.

Revenu fixe · 21 sept. 2021

Tailwinds for euro periphery bonds

Positive yields and falling spreads mean we are relatively more upbeat on Italian and Spanish debt than on euro government bonds in general.

Revenu fixe · 20 août 2020

The European Bond Market - New Hegemon?

With nearly a trillion euro of bonds potentially in issue by 2024, the EU has created a deep, liquid and highly investable market.