The future of fixed income is anything but fixed
From recession to recovery, and whether you’re investing for income or growth, fixed income is a vital part of a diversified portfolio. But today’s unprecedented investment landscape reminds us that the future of fixed income is anything but fixed.
Ongoing inflationary pressure, combined with the recent challenges in the US regional banking system, poses a rate-hiking dilemma for policymakers.
Once the wild west of fixed income markets, emerging market debt (EMD) has developed into a mainstream asset class and a staple for portfolios. Away from the noise of day-to-day market movements, we examine the long-term future for the asset class.
After declining significantly in the fourth quarter of 2022 and January 2023, the US dollar has staged a comeback in February. We assess if this is the start of a new trend or whether the dollar is set to resume its decline.
Bond yields have come full circle as investors contend with the probability of a delayed recession. We think the sell-off in yields offers a second chance to get into bonds at historically attractive valuations.
Investors are now expecting a soft landing in Europe, resulting in tighter credit spreads over recent weeks. We examine what could happen next in the European high yield market.
Investors have begun reducing the probability of a recession in 2023 but have markets come too far, too fast?
Slowing inflation in the US, particularly signs of slower wage growth, underpinned the recent smaller interest rate increase from the Federal Reserve. We explore the possibility that the US rate-hiking cycle could be coming to an end and what that means for fixed income positioning.
Gain insights on fundamentals, quantitative valuations, technical and more in the weekly report by the Global Fixed Income, Currency & Commodities (GFICC) team.
As energy prices and inflation decline across the eurozone, we explore the possibility that fixed income markets may be overestimating future rate hikes from the European Central Bank (ECB).
Whether you’re investing for income or seeking diversification and volatility management in a growth portfolio, we have fixed income solutions to help you achieve your goals.
The value of investments may go down as well as up and investors may not get back the full amount invested.