All Corporate Bonds articles – Page 4
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White papersBeyond borders: a new framework for global fixed income investing
The old playbook for global fixed income - developed markets for stability, emerging markets for yield - is no longer the whole story. Fiscal discipline, institutional credibility and policy risk now vary as much within those categories as between them, opening up a more compelling and nuanced opportunity set for investors willing to look beyond traditional labels. Read the full piece to see how a fundamentals-first approach to global fixed income could strengthen your portfolio.
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White papersEM corporate debt: A misunderstood asset class
Emerging market corporate debt is a largely misunderstood asset class as general perceptions have not kept up with reality. Our Emerging Markets Fixed Income team looks at how the asset class has evolved over recent years and dispels some of the key myths surrounding it.
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PodcastWhat’s the outlook for yields and demand in euro credit?
Given its strong performance in recent years, does the Euro corporate bond market still offer attractive opportunities or has it become too expensive? Chris Iggo, Chief Investment Officer, AXA IM Core, talks to Boutaina Deixonne, Head of Euro Investment-Grade and High-Yield Credit, about the outlook, investor demand, and promising sectors and industries.
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White papersHow to spot an AI bubble
If the recent spate of TV ads promoting artificial intelligence sparked a feeling of déjà vu, you’re not alone. Dot-com start-ups in 2000 and cryptocurrency companies in 2022 dominated TV commercials shortly before both suffered epic meltdowns.
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White papersEmerging-Market Corporates: Renowned for Resilience
Emerging-market (EM) corporates have a track record of resilience across market cycles. For over a decade, EM corporate bonds have allowed for participation in rising markets, while exposing investors to less downside during market downdrafts. This is due to an especially pronounced inherent barbell structure that balances interest-rate risk with credit risk, providing independent sources of return that are negatively correlated to each other.
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White papersDB pension schemes: Is investing like an insurer easier said than done?
The UK government recently published its highly anticipated Pension Schemes Bill, opening the door to more flexible treatment of defined benefit (DB) pension scheme surpluses. While buy-out remains the gold standard for member security, many trustees and finance teams are now exploring if, and how, running-on their scheme could work for the benefit of its members and the sponsor.
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White papersQ4 2025 Investment Grade Corporate Market Review and Outlook
The U.S. fixed income market demonstrated considerable resilience in the face of persistent economic uncertainty and a U.S. government shutdown. Fourth quarter returns within the investment grade credit space were mixed though, with excess returns modestly negative (-0.02% excess return) and total returns that were positive (0.87% total return) – supported by a dovish Federal Reserve policy stance, expectations for rate cuts and strong investor appetite for relatively attractive yields.
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White papersA Validation Study of Catastrophe Bond Losses Over Time
We explore the relative historical performance of catastrophe bonds in relation to various trigger types.
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White papersThe future of fixed income
Fixed income has been transformed by advances in market structure, trading technology, and portfolio design-and the pace of change continues to accelerate. These developments are expanding what the asset class can deliver for institutional investors.
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White papersEmerging market debt: strength and selectivity amid global shifts
Emerging market fundamentals remain robust, but broader global macroeconomic developments are leading us to a more selective approach to positioning portfolios.
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White papersEmerging market local-currency bonds continue to look bright in 2026
Despite our reduced conviction in a weaker USD for 2026, we believe emerging market (EM) local-currency bonds remain well-positioned. Ongoing disinflation in EM economies not only supports EM currencies but should also enable some EM central banks to cut interest rates in 2026. We believe EM FX can perform well even with a sideways USD given the healthy state of external accounts in most EM countries.
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White papersDynamic Global Bonds — investing across the cycle
Despite geopolitical strains, elevated borrowing, and shifting policy dynamics, the global economy has shown notable resilience over the past 12 months. Valuations across major asset classes (including equities, gold and high yield credit) remain elevated, even as several macroeconomic indicators point to potential softening beneath the surface. We believe these tensions highlight the importance of a flexible and globally diversified fixed income approach, one that can adapt to rapidly evolving conditions across markets, sectors, and currencies.
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White papersBuilding resilience with flexible fixed income opportunities
The global economy enters 2026 with resilience. Growth forecasts have been revised upward – the International Monetary Fund now projects a global expansion of 3.2% in 2025, buoyed by a rebound in activity, despite ongoing trade frictions.
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White papersFixed Income Investing: Living in the now
If the future keeps bond investors awake at night, the present is complicated too.
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White papersGlobal Investment Views - February 2026
The year began eventfully, with the US using its military strength and economic leverage to achieve President Trump’s foreign policy goals. The Fed receiving subpoenas and military action in Venezuela did not move oil prices and risk assets. But his threats to the sovereignty of a NATO ally sparked temporary volatility, with markets eventually recovering from that scare and US lagging the other regions. Fiscal profligacy and inflation concerns in Japan pushed bond yields up.
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PodcastHow the AI Debt Supercycle Is Reshaping Credit Markets
AI-related bond issuance is surging, reshaping the opportunity set for fixed-income investors. In addition to robust U.S. growth, constrained inflation, and an attractive opportunities beyond the U.S., investors must also navigate greater tail risks, more complex financing structures, and rising political uncertainty around AI and energy use.
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White papersFactors to watch in 2026: AI, geopolitics and credit stress
There are several factors in play which investors need to monitor closely this year. Geopolitics will likely dominate the discourse as will expectations over the potential of artificial intelligence and the continued stability of credit markets. Despite the uncertain backdrop, we believe the global economy and central bank policy will remain supportive for markets.
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White papersFrom politics to portfolios: the market impact of rising populism
Populism has become part of the global landscape, rooted in frustrations over inequality, stagnant mobility, and a sense that mainstream policymakers have failed to adapt to shifting economic realities.
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VideoEuro credit update – Issuer selection will be key this year
After stronger-than-expected demand for credit in 2025, markets again look likely be able to handle an increase in new issuance of euro corporate bonds; overall, returns in the investment-grade and high-yield segments should be attractive, but market volatility and performance dispersion mean rigorous security selection will be essential.
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VideoThe 2026 Global Fixed-Income Playbook
Scott DiMaggio, AB’s Head of Fixed Income, urges investors to embrace balance and flexibility.
