Global bond ETF - does it still make sense?

Hi,
my long term portfolio is quite simple and quite exposed to bonds
50% global bond ETF ( DBZB )
50% stocs (IWDA)

At the beginning of 2022 , when the bonds started to drop, I remember reading an article stating that the drop is caused by the increase of the interest rate/inflation.

It seems that the interest rates will continue to increase until 2023/2024, so does that mean that the negative trend will continue until the interest rate stabilises?

What does the experts say ? I was just wondering if it stupid to keep bonds at this point in time. Do you believe there is a chance they will bounce back in the medium term (3-4 years?).

Thanks

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13 posts were merged into an existing topic: International Bonds - to hedge or not to hedge