Bonds vs Shares Amid High Interest Rates: Which Is More Attractive?

Jakarta, CNBC Indonesia - A number of sentiments remain a concern for global financial market participants amid geopolitical and global economic turmoil, including the impact of war on surging inflation and the policy direction of central bank benchmark interest rates such as the Fed. SEVP Head of Treasury Sales and Distribution CIMB Niaga, Hernaman Tandianto, stated that the effects of global uncertainty impacting energy commodity prices and global supply chain disruptions will affect the business world and the global economy, including Indonesia. When there is pressure on energy prices, inflation will be pushed up, which will ultimately influence the direction of global interest rate policy, including the Fed. If the Fed potentially raises interest rates, it will have an impact on the rupiah exchange rate and the direction of global investment. What investment strategies should market players adopt to face these conditions?