The performance of the US dollar significantly diverged from relative rate spreads
A slew of fundamental developments over the week suggests the macroeconomic backdrop continues to deteriorate, and yet bond markets are still generating strong returns across not only safe havens but also risk assets. Can this momentum persist into Sept.
With the European Central Bank (ECB) almost certain to start quantitative easing again, what is the outlook for European credit?
With Mexico the latest target of Washington’s tariff tactics, trade tensions are clearly escalating, not subsiding. Could this be the final straw to push the Federal Reserve to cut rates?
Central banks across the globe recalibrated their policy stance in the first week of May, making it clear that inflation is not the sole driver of their decisions. What does this suggest for the future direction of monetary policy?
Despite the recent resurgence of growth worries, we maintain the view we expressed in February that Chinese growth will accelerate this year. This should be supportive for fixed income risk assets, especially if higher growth feeds through to other region
The year started with global macro data and quantitative valuations moving in opposite directions. Can this trend continue, or will one side give way?
Market recap for the week, with consymer confidence & equities chart, economic data calendar, & market statistics
NEST announced today (15 May) that it has awarded a high yield bond mandate to J.P.Morgan Asset Management to further diversify members’ portfolios and offer attractive returns in an otherwise low-yielding fixed income environment.
Core bond yields have pushed higher since the end of October. Is the move warranted by a shift in the fundamental picture, and where could we go from here?