English to Italian Bus/Financial Finance (general) Analisi del portafoglio e della perfomance

Non trovo nessun riferimento chiaro per questo tipo di obbligazioni.
Questo il contesto:

"By contrast, defensive stocks, especially bond proxies that pay a steady dividend, have been doing less well."

Un paio di definizioni nei siti inglesi:

"Bond proxies are shares that are likely to offer predictable returns, and they can sometimes have higher yields than bond market offerings. A true bond proxy ideally aims to grow cash flows over time.

Infrastructure assets, particularly listed infrastructure companies, can offer a revenue stream similar to bonds.

They can include investments such as toll roads, airports, ports and rail facilities and electricity power lines and gas pipelines. Some S&P/ASX 200 examples include Sydney Airports (SYD), Transurban (TCL), APA Group (APA) and Aurizon (AZJ)."
https://www.commbank.com.au/guidance/retirement/what-you-nee...

"A “bond proxy” is shorthand to describe equities such as consumer staples and utilities with safe, predictable returns, but have higher yields than much of the bond market (and, crucially, yields which can grow over time)."

https://www.ft.com/content/1c359352-18f1-11e5-a130-2e7db721f...



Qui invece si parla di "proxy obbligazionari", ma non so se è attendibile.

https://www.investireoggi.it/obbligazioni/pictet-pericoli-na...

Grazie a chi mi darà un aiuto.