{"id":8098,"date":"2026-01-27T17:02:41","date_gmt":"2026-01-27T09:02:41","guid":{"rendered":"https:\/\/www.syfe.com\/hk\/magazine\/?p=8098"},"modified":"2026-01-28T12:00:31","modified_gmt":"2026-01-28T04:00:31","slug":"market-overview-of-december-2025-and-how-the-bond-market-is-performing","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/hk\/magazine\/market-overview-of-december-2025-and-how-the-bond-market-is-performing\/","title":{"rendered":"Income+ Monthly\uff5cNewsletter Market overview of December 2025 and how the bond market is performing?\u00a0"},"content":{"rendered":"\n
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Risk-on sentiment defined markets in 2025, culminating in an \u201ceverything rally\u201d that saw all major asset classes deliver positive returns for the first time since the pandemic. Despite significant crosscurrents\u2014most notably heightened trade tensions in the first half as US tariffs reached levels last seen in the 1930s\u2014markets proved resilient. Equity performance broadened meaningfully. Fixed income also benefited from easing inflation fears, rate cuts by major central banks, and a weaker US dollar, helping global bonds return +8.2%<\/strong>.<\/p>\n\n\n\n

Income+ Performance <\/strong><\/p>\n\n\n\n

Income+ Pure and Enhance<\/strong> continued to show resilience this month with a +0.28%<\/strong> and +0.59%<\/strong> increase respectively. 2025 full year returns were 8.0%<\/strong> and 9.6%<\/strong> respectively. With our selected best-in-class funds and Syfe\u2019s active management, Income+ managed to ride on the movements in the bond market, offering stable yield potential while managing downsides. <\/p>\n\n\n\n

Global bond markets rallied in December. 3 key factors driving the rally were –
1) Softening US Labor Data, 2) Fed Rate Cut & Easing Expectations, and 3) Weaker US Dollar.<\/p>\n\n\n\n

In a rate cut cycle like now, investor demand for viable income strategies continues to grow. Syfe Income+ remains a popular choice among those seeking steady monthly payouts, delivering a consistent 6 – 8.6%<\/strong> p.a. Payout, with 100% achievement rate since inception. As yields on cash and short-term deposits keep declining, more investors are turning to Income+ as an alternative to traditional cash options while managing the risks, with the objective to maximise the yields.<\/p>\n\n\n\n

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Performance Comparison vs Benchmark<\/strong><\/h4>\n\n\n\n
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Source: Syfe. Product issuers. Returns are as of 31 Dec 2025 in the denominated currencies. Subject to rounding. Each portfolio may vary due to different times of deposits, withdrawals & weighting.<\/em><\/figcaption><\/figure>\n\n\n\n

Looking Ahead<\/strong><\/h4>\n\n\n\n

Uncertainty is a constant in investing, but so is opportunity. Here\u2019s what our investment team is focused on:<\/p>\n\n\n\n