All Corporate Bonds articles – Page 2
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White papersRecent Credit Stress a Canary in the Coal Mine?
While idiosyncratic credit risk is beginning to emerge, signs of broader credit or systemic stress are still sparse.
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White papersEurope’s industrial backbone is eroding
Europe’s post-war prosperity was built on steel, chemicals, and autos. But that industrial backbone is now under strain. China’s state-backed industrial strategy has created overcapacity in sectors Europe once led. Coupled with the United States pivot to protectionism the global trading order is changing.
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White papersCredit spreads: Is there something you’re not telling me?
Corporate bond markets are showing signs of complacency, with tight spreads masking deep macroeconomic and geopolitical risks. In a market facing elevated government debt levels, questions around central bank independence, as well as both macro and micro economic risks, Harriet Habergham unpicks how bond investors can navigate this environment.
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White papersComfortable being uncomfortable: Maintaining conviction
As an investor, you need to have an edge that allows you to build solid performance – if you don’t know what that edge is, or how to articulate it, you’ll likely deliver the same returns as everyone else
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White papersCan Europe step into Uncle Sam’s shoes?
Europe has always been seen as the little cousin to the US. This year, however, Europe’s profile from an investment perspective has grown as the US’ reputation of a choice of stability and reliability has taken a nose-dive.
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White papersBond markets prove resilient amid systemic shifts
The U.S. economy has undergone major changes in 2025, including stimulative fiscal policy, tariff uncertainty, declining labor force growth and increased AI adoption. These systemic shifts create both opportunities and challenges, accompanied by significant uncertainty. Despite this fluid environment, fixed income markets have delivered strong performance across all major sectors, with many exceeding 6% year-to-date returns. Active management and diversified portfolios with moderate risk posture, emphasizing higher-yielding sectors, may help capitalize on historically attractive yields and emerging opportunities while navigating tremendous change.
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White papersFixed Income Perspectives Q4 2025
Fixed Income Perspectives outlines the current macro and market views from across Capital Group’s extensive fixed income team and offers insights on investors’ bond exposure against an ever-changing backdrop.
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White papersEuro credit sectors offer opportunities despite market volatility
Despite facing multiple episodes of volatility in recent years, the euro credit market has demonstrated notable resilience, consistently delivering solid returns to investors.
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White papersNavigating volatility: The rise of Cboe Credit Index Futures in a transforming bond market
In an era defined by macroeconomic uncertainty and digital transformation, credit futures are revolutionizing how investors manage risk and access liquidity. Cboe® Credit Index Futures were designed to mirror the liquidity and structure of popular credit ETFs and have seen record adoption in recent years. This growth reflects a broader transformation in how investors manage credit exposure, hedge risk and optimize capital allocation.
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White papersEM debt: Cautious confidence in a shifting landscape
As we enter the final quarter of 2025, emerging market (EM) debt continues to demonstrate resilience against a complex global backdrop. Despite rising policy uncertainty, geopolitical tensions, and evolving trade dynamics, EM debt has largely outperformed other fixed income asset classes so far this year. In this note, we evaluate the drivers behind EM debt’s strong returns, assess the sustainability of current trends, and outline the key risks and opportunities for the remainder of the year.
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White papersChina Real Estate Credit: Leaner, Improved Quality and Higher Yields
After a period of difficulty, the Chinese property sector may be ready for its close-up.
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White papersUS electric utilities: Stability amid uncertainty
Amid the ongoing uncertainty of tariffs and geopolitics, one area of the corporate bond market that stands out as providing a stable and reliable source of income is the US electric utility sector.
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White papersHow far does the Fed’s influence extend?
Not all points of the yield curve respond equally to Federal Reserve rate cuts.
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VideoPremier Miton Fixed Income update August 2024
Lloyd Harris, Head of Fixed Income, explores the macro forces shaping global bond markets. Highlighting sticky inflation in the US, labour driven inflation pressures in the UK, and Europe’s rising fiscal stimulus from military and infrastructure spending.
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White papersWhen risk is underpriced, quality is all the more valuable
Continued tight yield spreads are challenging high-yield investors.
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White papersTaxable municipal bonds: sunny side of the street
Market conditions present a compelling entry point for taxable municipal bonds. Yields remain historically attractive, driven by heavy issuance and federal policy uncertainty, while a steepening yield curve offers opportunistic duration extension. Looking ahead, reduced summer issuance, combined with strong reinvestment demand and robust fundamentals, should create favourable conditions, potentially offering a sunnier disposition heading into fall.
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White papersGlobal Corporate Bonds: A good time to bolster defensive allocations
This year, financial markets have often seemed like a rollercoaster. Prices have whipsawed as investors have attempted to price heightened geopolitical risk and President Donald Trump’s America first approach to global trade.
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White papersSummertime…but will the Fed be easing?
With noise levels still high, certainty on policy remains elusive.
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White papersWhy are credit spreads so tight?
1) Liquidity: This is the overriding factor, which is normally the case in markets. It is no surprise that markets are rallying like it’s QE, because this is QE! The Treasury General Account (TGA) has been run-off to the tune of c$500bn over the last few months driven by the U.S. hitting the debt ceiling. When this happens, the country is unable to raise enough debt to fund itself.
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White papers2025 Mid-Year Global Investment Outlook The Bell Can’t Be Unrung: Finding Opportunity in the Midst of Uncertainty
Uncertainty aside, global opportunities are taking shape for those who know where to look.
