According to Adam Ditkofsky, senior portfolio manager at CIBC Asset Management, lower yields will provide opportunities in shorter-dated bonds.
The Bank of Canada and U.S. Federal Reserve are expected to continue supporting growth with lower interest rates, leading to a potential boon for fixed-income investors.
This is good for bonds, as it implies lower yields, especially in the shorter-dated bonds.
Author's summary: Bonds to benefit from lower yields.