Be careful about the “flood” of bond purchases when interest rate cuts begin until confirmation is obtained - PGIM

PGIM predicted that if the world's major central banks began cutting interest rates, they would support investors who are cautious about returning to the bond market and cause a “flood” of capital inflows.
　　According to PGIM's chief operating officer (COO) Timur Hhat, since yields close to zero have continued for 10 years, customers have been storing funds in cash and short-term investments, but they are ready to jump into bonds. While interest rate reduction observations invite purchases, it is said that there are many customers who refrain until monetary easing is actually carried out.