Bond Yields Are 'Juicy,' Says Apollo's Slok

• Interest rates are expected to stay higher for longer due to persistent inflation.
• Fixed income yields are currently very attractive, offering 'juicy' returns compared to historical levels.
• Investors should consider increasing their allocation to fixed income given the current yield environment.

Torsten Slok, Chief Economist at Apollo, discusses the current economic environment, stating that interest rates and inflation are expected to remain higher for longer. He highlights that fixed income yields are now 'juicy,' offering attractive returns not seen in decades, which implies a need for investors to reconsider their portfolio allocations towards fixed income.