Is Now the Best Time to Buy Bonds? Insights from Fidelity’s Julian Potenza

Bullish Gator

Fidelity portfolio manager Julian Potenza explains rising global yields, Fed risks, Treasury buybacks and where bond opportunities may lie in the months ahead.

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What stands out

Julian Potenza opened by noting long-term bond yields have climbed to levels not seen in decades and that the Federal Reserve's September decision, plus talk of Treasury buybacks, is amplifying market noise. That matters because rising yields are not just math for bond funds, they change corporate borrowing costs, client budgets and where investors hunt for income. For firms like Fidelity National Information Services (FIS), which has been wrestling with weakening top-line trends, a higher-rate world can boost fixed-income returns even as it pressures spend from bank and corporate clients.