Tisco touts debt instruments as interest rates near peak

Investors are being urged to increase their weighting in debt instruments for the time being to get high returns on investments as interest rates globally are nearing their peak and stock markets remain volatile, says Tisco’s Economic Strategy Unit (Tisco ESU).

The unit of Tisco Financial Group views that current high bond yields are among the factors pressuring global stock markets, which are also battling the headwinds of slowing economies in the US and Europe as well as decreasing trading liquidity.

These three negative factors are expected to impact global stock markets in the second half, pressuring the S&P 500 index to go down to 4,250 points, from 4,567 at present, said Komsorn Prakobphol, head…