Post by account_disabled on Dec 10, 2023 21:38:12 GMT -8
SCB CIO recommends investing in long-term debt instruments from the trend of the economy slowing down Inflation is high and will decrease next year. The price of long-term debt instruments has dropped significantly. Expected during the Fed Interest rate reduction close Supporting the opportunity for long-term bond prices to increase. and the opportunity to receive capital gains more than short-term debt instruments Offering 3 alternative funds: KT-ARB, MUBOND-A and SCBGSIF. In case of opening a Buy/Sell Omnibus Account through the SCB EASY application from 30 Oct. 2023 - 30 Nov. 2023, you will receive Free Shopee e-Voucher worth 200 baht Mr. Sornchai Suneta, CFA SCB Wealth Chief Investment Officer, Assistant General Manager Executive of Investment Office and Product Function.
Wealth Business Group, Siam Commercial Bank, revealed that from the Monetary Policy Committee (FOMC) of the US Federal Reserve (Fed) revealing the results of its latest meeting on 31 Oct. - 1 May. in the past, maintaining interest rates at the level of 5.25-5.50%, which is the highest in 22 years, while at the last meeting of this year It will take place on 12-13 Dec. 2023, with SCB CIO expecting that there is a high possibility that the Fed Email Data will not raise interest rates because the Fed admits that there is a risk of the economy slowing down. Starting to gain weight compared to the risk of inflation In addition, the financial sector has become more tight. It's just not at a significantly worrying level yet. By maintaining interest rates at this high level It should last until the 3rd quarter of 2024, making us think that This moment is a golden opportunity for investing in long-term debt instruments.
“We view that the economic trend is slowing down. Inflation is high But there is a chance that it will decrease next year. It will make investing in debt instruments much more interesting. Especially long-term debt instruments where the interest rate (yield) has increased. and the price has decreased Received news of concern about the Fed's interest rate increase in the previous period, and in the future, yield should gradually decrease in the next 9-12 months. According to the forecast that the Fed will stop raising interest rates. The interest rate up cycle has ended. Therefore, we view it as an opportunity to invest in long-term debt instruments that can be expected to receive both yield and capital gains when interest rates begin to decrease in the future,” Mr. Sornchai said. However, if investors can accept low volatility in bond prices You may consider investing in short-term debt instruments.
Wealth Business Group, Siam Commercial Bank, revealed that from the Monetary Policy Committee (FOMC) of the US Federal Reserve (Fed) revealing the results of its latest meeting on 31 Oct. - 1 May. in the past, maintaining interest rates at the level of 5.25-5.50%, which is the highest in 22 years, while at the last meeting of this year It will take place on 12-13 Dec. 2023, with SCB CIO expecting that there is a high possibility that the Fed Email Data will not raise interest rates because the Fed admits that there is a risk of the economy slowing down. Starting to gain weight compared to the risk of inflation In addition, the financial sector has become more tight. It's just not at a significantly worrying level yet. By maintaining interest rates at this high level It should last until the 3rd quarter of 2024, making us think that This moment is a golden opportunity for investing in long-term debt instruments.
“We view that the economic trend is slowing down. Inflation is high But there is a chance that it will decrease next year. It will make investing in debt instruments much more interesting. Especially long-term debt instruments where the interest rate (yield) has increased. and the price has decreased Received news of concern about the Fed's interest rate increase in the previous period, and in the future, yield should gradually decrease in the next 9-12 months. According to the forecast that the Fed will stop raising interest rates. The interest rate up cycle has ended. Therefore, we view it as an opportunity to invest in long-term debt instruments that can be expected to receive both yield and capital gains when interest rates begin to decrease in the future,” Mr. Sornchai said. However, if investors can accept low volatility in bond prices You may consider investing in short-term debt instruments.