A repricing of Swiss government bonds is on the cards, according to Lombard Odier’s chief economist Samy Chaar. Until that happens, he prefers to focus on the country’s corporate bond market, where he finds the levels of yield relatively appealing.
‘There will be, as we have discussed, some economic damage because of the energy crisis but the corporate bond market in Switzerland is very robust.’
Chaar also mentions how to handle the threat of inflation, which he expects to peak and roll over. ‘For bond investors, the market is becoming much more interesting,’ he said.