Stocks to Beat Bonds as Geopolitics Rock Assets: Markets Pulse

Stocks will offer better volatility-adjusted returns than bonds in a world where international policy developments drive markets, according to a majority of respondents to the latest Markets Pulse survey.

More than half of the 138 respondents to a poll conducted from Jan. 28 to Feb. 4 said trade and geopolitical developments will provide the biggest catalyst for market moves, while 46% picked monetary policy. Against that backdrop, 10-year Treasury yields are likely to rise, nearly two-thirds of the participants said.