A senior macro strategist has warned that fixed income markets are the most vulnerable asset class in the current economic cycle amid uncertainty triggered by geopolitical tensions in the Middle East.In this line, David Cervantes, founder of Pinebook Capital, identified bonds, particularly longer-duration government debt, as the segment most exposed to downside, he said in an interview with David Lin published on April 13.  His outlook is anchored on the expectation that the labor market will remain stable, ...