War-torn bonds may rally if recession hits

War-torn bonds may rally if recession hits

The Star Online - Business·2026-03-28 08:01

INVESTORS seeking safety from the Iran war just ran into harm’s way. Government bonds and gold have both failed to protect portfolios.

Gold at least has an excuse – it had already doubled last year – but bonds have never really recovered from the Ukraine invasion and may well need an outright recession to perform again.

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