The strength of the US economy is pushing rates higher, and the US dollar is following suit. But can this cyclical support for the currency continue, or will the structural headwinds prevail?
The 10-year German Bund yield broke the 0.50% threshold for the first time since May. Does this reflect a shift in the eurozone inflation regime? Keep watching the data.
With strong global growth and a shift to tighter monetary policy continuing to make government duration look unattractive, is there value to be found in high yield, or even in emerging market debt?
For investors looking to take some risk off the table, agency mortgage-backed securities (MBS) may be an attractive option. We assess the potential risks and rewards.
Investment grade (IG) corporates have disappointed so far this year. However, with concerns over net leverage abating, valuations improving and new issue concessions increasingly attractive, should investors be looking again at the sector?
Despite the positive growth picture, the geopolitical worries that have rattled markets this year have persisted through the traditionally quiet summer months. European high yield looks like a pocket of value.
With the summer lull disrupted by Turkey and other headline risks, it’s easy to forget the big picture. Is the macro backdrop still conducive for risk assets to perform?
The summer lull continues, but low headline volatility is masking some of the action under the surface.
Summer’s heat has brought a measure of calm to the news cycle, leaving technicals to drive bond markets. Is this a time to add risk, before the seasons change?
Global growth is showing signs of strength and wage growth is slowly feeding through to inflation. However, it’s a very different picture in Japan. What impact could Japan’s stagnation have on monetary and fiscal policy?