Investors in fixed income have experienced a great calm during the decade since the global financial crisis, and in many ways this torpor has merely extended a trajectory that stretches back much further. It is around 30 years since interest rates in major nations peaked before em- barking on a prolonged decline that still endures today.
With hopes of a renaissance in yields repeatedly dashed, the longevity of this trend has come as a surprise in many quarters. Yet now, amid the winding down of central bank intervention, something at least slightly different - finally seems to be looming on the horizon. According to the findings of the first-ever Invesco Global Fixed Income Study, the great calm is at last coming to an end.
Read the complete white paper at the link beneath Related Files