Amid the global scare of markets collapsing due to significant fallout from the novel coronavirus pandemic, some financial advisors have cited US dollar (USD) bond investments as better avenues for preserving wealth during these unprecedented times.

Speaking on Monday (October 12) in a Sterling Asset Management webinar aimed at addressing frequently asked questions (FAQs), Eugene Stanley, vice-president in charge of fixed income and foreign exchange at the financial advisory firm, said that with the current levels of low interest rate and inflation along with the measures in place, global fixed income securities are better supported, which will in turn enable bonds to continue in performing well despite the effects of the pandemic.