The U.S. federal reserve has lifted its benchmark rate by 0.75 percentage points to tame soaring inflation, with more hikes likely to follow. Meanwhile, the Swiss National Bank has increased its SNB policy rate by half a percentage point to −0.25 percent on sight deposits.

Hantel tells finews.tv the effects these factors are having on corporate bonds, bearing in mind that many investment grade companies have been preparing for the current scenario by deleveraging and preserving cash flows.