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Analysis of Global Bond Markets | Wassim Jomaa Provides Insights with Al Arabiya Business

Analysis of Global Bond Markets | Wassim Jomaa Provides Insights with Al Arabiya Business

Al Arabiya Business hosted Wassim Jomaa, CFA, Chief Investment Officer at The Family Office, to discuss the global bond markets and expectations regarding the Federal Reserve's future interest rate cuts, in addition to portfolio positioning amid the current environment. Below are the highlights of the interview:

Jan 20, 2025Management Insights- 1 min
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  • The Federal Reserve (the “Fed”) is likely to reduce interest rates only twice in the near term, potentially bringing them down to around 4%. As a result, the 10-year US Treasury yields may reach approximately 5%.

  • The rise in US Treasury yields is putting pressure on other currencies, as seen in the Japanese yen, British pound, Chinese yuan, and other currencies negatively affected by this increase.

  • At The Family Office, we recommend that investors consider hedge funds, private assets, and maintaining some liquidity, given the current environment marked by volatility and the potential for tax cuts and deregulation under the new administration.

Watch the full interview above.

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