What If The Bear Market Never Comes? Expert Explains Why Bonds Could Still Outperform Equities

What happens if the expected equity correction does not arrive and bonds fail to deliver the rally investors are expecting? The market view remains uncertain, with several possible outcomes still on the table. While hundreds of macro indicators are tracked globally and in India, every hypothesis must be tested regularly and can still prove wrong. Amit Goel, Co-Founder & Chief Global Strategist, Pace 360, says the bond thesis is based less on an equity bear market and more on elevated real interest rates. After six years of rising global bond yields, he believes current real rates may be too high to remain sustainable for much longer.