Rates and Yields Pose Top Growth Risk Says Survey

A Deutsche Bank survey reveals wealthy investors see rising rates as the main threat to growth. Meanwhile, most view Asia as the most stable geopolitical region.

Insights:
Deutsche Bank logo is seen in this illustration taken December 3, 2025. REUTERS/Dado Ruvic/Illustration

Global family offices view rising rates and yields as the primary threat to economic expansion, with 37% citing borrowing costs as their top portfolio risk. The finding emerges from a Deutsche Bank survey of 200 wealthy investors in Singapore, outpacing concerns over inflation at 23%. High-net-worth capital is shifting toward defensive allocations as macroeconomic volatility persists across global markets.

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