All Fixed Income articles
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White papersSystematic fixed income: Bringing diversification benefits to credit portfolios
Systematic credit is still a small part of fixed income, but its portfolio role is growing. For credit allocators, it can offer a disciplined and differentiated source of diversification.
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PodcastGoing the distance - Market perspectives into autumn - Investment views by Outerblue Convictions
After an eventful summer for the markets and policymakers, particularly in the bond markets, our podcast series regulars reunite to recap the major movements in the markets over the past few weeks. Listen further to discover what these market events mean for investors and our own investment views.
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White papersThe ECB raises policy rates
“The ECB opens a period of central bank meetings. The balance is shifting further towards the risk that inflation proves more persistent than expected, given the recent rise in energy prices amid geopolitical tensions.”
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White papersBond yields on the rise again
“Bond markets are under pressure now, but as yields rise, opportunities for investors to benefit from higher income are opening.”
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White papersWhat higher interest rates could mean for stocks and bonds
Bonds have been anything but boring this summer. With US Treasury yields climbing amid rising national debt, elevated inflation and massive AI-related investments, some investors are asking whether recent volatility signals a looming crisis or a broader shift to a world of higher interest rates.
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White papersWhy an absolute return approach to fixed income could help investors navigate uncertainty
Fixed income investors have faced considerable volatility in markets in 2026, driven by a combination of geopolitical tensions, rising inflation and higher levels of issuance.
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WebinarGoing the distance: market perspectives beyond summer
As we head into the final stretch of 2026, critical questions are reshaping investor strategy. While equity and fixed income volatility has remained contained, the real story lies elsewhere: the evolving Middle East situation, the trajectory of inflation and central bank policy divergence, the implications of the US midterm elections and the perspective of the AI capex cycle.
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White papersCapital Market Line: From Inflation Shock to Productivity Shock
Markets have navigated a series of inflationary shocks over the past few years, including Covid, tariffs, and geopolitical tensions, including most recently the closure of the Strait of Hormuz. While disagreements linger between the U.S. and Iran, neither has shown the appetite for full-fledged war.
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White papersUS high yield: Selective opportunities in a bifurcated economy
The last few months have not been straightforward for fixed income markets. As oil prices surged amid the Middle East conflict and inflation expectations rose, markets repriced the potential path of monetary policy.
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White papersStrong US earnings growth continues
“The ongoing US earnings season confirms a broadening of earnings growth across sectors, although scrutiny remains on data and quality of guidance beneath the headline numbers. Overall, this reinforces the importance of diversification and selectivity”
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White papersPrivate credit’s overlooked opportunity: the case for non-sponsored direct lending
Sponsored, direct lending continues to dominate the European private credit market representing approximately 80% of the region’s debt market. The growth of European direct lending is continuing apace with almost €100 billion raised over the last 2 years and total AUM now estimated at roughly €450 billion.
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White papersHigh Yield Has Changed. Have Perceptions Kept Up?
Welcome to this month’s edition of Where Credit is Due—a newsletter from Barings recognizing value across the people and portfolios shaping credit markets today.
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White papersHiring a Systematic Bond Manager? Seven Questions for Candidates
Systematic bond investing needs specialist skills and resources. Has your manager got what it takes?
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White papersFour for fixed income: The themes driving bond markets
Many investors entered 2026 expecting slower growth, cooling inflation, and eventual Federal Reserve rate cuts. Instead, markets have faced a more complicated reality, with geopolitical tensions rising, oil prices moving higher, rates backing up, and investors pricing a meaningful probability of additional Fed tightening. Yet the U.S. economy remains resilient, inflation has generally improved, and productivity gains driven by technology and AI continue to support growth.
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White papersFed on hold, markets in action
“As the Fed moves to reduce policy guidance, uncertainty over the short-rate path is likely to rise, creating additional volatility along the yield curve”
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White papersEuropean Private Loans: Quality by Design
European private loans should not be read as simply another form of private credit. They are better understood as, on average, high-quality investment grade bank lending, with embedded illiquidity premia well suited for a tight spread environment.
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White papersThe New Role of Geopolitical Risk in Bond Investing
Interest rate volatility is reshaping bond markets. We examine why geopolitical risks have become increasingly linked to bond market volatility since 2025, and discuss the implications for the term premium, fixed income positioning and investment opportunities.
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White papersEmerging markets debt in a multipolar world
Emerging markets debt is entering a new phase shaped by a more fragmented, multipolar world. Geopolitical uncertainty, higher energy prices and shifting global rate expectations have tested markets. Despite these headwinds, emerging markets debt showed greater resilience in the first half of 2026 than in past cycles, supported by stronger policy frameworks, improved fundamentals and deeper local investor bases.
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White papersThe quiet outperformer: A compelling case for Global USD Sukuk
By Syed Haziq Zikri Syed Danial, Head of Sukuk and Portfolio Manager, Emerging Markets Fixed Income, and Fu Yu, Investment Specialist, Emerging Market Fixed Income
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White papersGlobal Investment Views - August 2026
July saw tensions flare once again in the Middle East. Markets questioned the feasibility of returning to a ceasefire, pushing Brent oil prices back towards $100. Previously, prices had fallen to pre-war levels due to effective rerouting efforts and a reassessment of supply risks.
