According to CNBC, UBS's Adrian Zuercher said emerging Asian bonds could offer attractive opportunities as global bond yields remain elevated, with the firm shifting clearly into emerging market Asia because it sees value in credit and fixed income. He said strong macroeconomic conditions have helped emerging market bonds, especially Asian tech-sector high-yield debt, which he said has outperformed over the last couple of months and carries much better quality than it did 10 and 15 years ago. Zuercher also said gold remains a very good asset for portfolio diversification and described the current backdrop as a good trading environment for the metal, citing continued structural weakness in the U.S. dollar. He added that broader commodity exposure looks more appealing given the Middle East situation and rising oil prices, and said the AI boom has boosted demand for copper and other commodities.