Heightened geopolitical risks and rising oil prices have re-ignited inflation concerns, creating uncertainty for central banks and markets.

Pendal head of government bond strategies Tim Hext explains why second round inflation effects matter more than petrol prices themselves, and why the RBA faces a difficult balancing act on rates.

Despite the volatility, government bond yields are at levels not seen since 2011, presenting compelling medium to long term value, particularly for investors seeking inflation protection.

Listen to the full conversation to understand why fixed income may deserve a closer look in portfolios right now.

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Find out more about Pendal's fixed income strategies at pendal/fixedinterest

Pendal is a global asset manager. Find out more at pendalgroup.com

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