Markets are overlooking a growth slowdown, which is a looming concern: Azimut

Nicolo Bocchin, Global Head of Fixed Income at Azimut, says bond markets are overly focused on inflation and fiscal deficits while underestimating the impact of rising energy prices on global growth. He warns of demand destruction driven by high oil prices and sees opportunities in longer-duration bonds, particularly in high-quality issuers like Saudi Arabia, where elevated yields reflect a rare risk premium environment.