Government bond yields are climbing, with the US 10-year Treasury recently crossing 5% — painful for existing bondholders, but potentially offering more attractive income for new investors.

So are bonds becoming a better opportunity, or are higher yields warning of greater risks ahead?

Michelle Martin speaks with Thu Ha Chow, Head of Fixed Income Asia at Robeco, about what is driving the bond sell-off, where she sees opportunities across fixed income, how to think about duration and currency risk, and whether investors should choose individual bonds, bond funds or ETFs.