Where to invest in an era of interest rate stability?

Central bank policy rates are peaking or are close to peaking, with rates now at restrictive levels that will persist, says Neuberger Berman. Over the next 12-24 months, the inflation trend will change and will start to fall down towards central bank targets. As we are enter this period of stability in interest rates, there is opportunity in higher quality fixed income, including IG corporate credit, short-term government bonds, and asset-backed securities, all of which can achieve mid-single digit returns. For investors wanting to take on more risk and potentially achieve mid-to-high single...