The approach provides a Nordic/Global corporate credit exposure with low geopolitical risk and a sound ESG profile.
Pareto Bond Funds - June update
Nordic bond markets were largely following global developments during the month. Several central banks have spelled it out again that stronger measures are needed to bring down inflation. The ECB raised its key interest rate by 0.25 percentage points. Markets are now pricing in two rate hikes in the course of 2026. The Fed left its key interest rate unchanged but indicated that a rate hike may be on the cards later this year. The market is now pricing in one or two rate rises this fall. Norges Bank and the Swedish Riksbank also chose to leave their interest rates unchanged but similarly indicated that a rise may be in the cards later this year. Despite central bank concerns, the fixed-income markets took a slightly optimistic turn. Long-term interest rates fell across the board, in response to lower oil prices and the resulting prospect of reduced inflationary pressure.
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