All Fixed Income articles – Page 104
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White papersEuro Investment Grade Credit: A Growing, Diversifying, High-Quality Market
The financial crisis and subsequent regulation has ended the dominance of financials in euro corporate bonds.
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White papersGlobal Investment Views: July 2018
Investors have experienced generally low returns so far this year, due to the clouds currently gathering on the horizon, and the approach to risk assets is being characterised by increased caution.
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White papersThe FED leans hawkish and short rates move higher
While the Fed under Chair Yellen acknowledged global risks in early 2016 as a contributing factor in its decision to defer rate increases, it is unclear whether global factors would exert as significant an impact on the current FOMC.
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White papersCorporate bonds: why investors' knee-jerk reaction to rising interest rates could be wrong
As investors face the prospect of the near-40 year bull market in bonds coming to an end, many are questioning the role of bonds in their portfolios.
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White papersReassessing fixed income - is Goldilocks about to give way to the three bears?
The benign investment backdrop fixed income markets have enjoyed for many years is changing.
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White papersECB: Short term rates anchored
According to the ECB projections, the GDP expansion will remain above potential for the next two years, driven by both domestic investment and household consumption. Inflation is revised up, albeit modestly.
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White papersIn Credit: Value returns to corporate bonds?
After a couple of weeks of stabilisation, US bond yields headed higher again and traded through 3% at the 10-year maturity point.
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White papersAnticipating a strong year for bonds
In contrast to tightening monetary policy in the US and a lower pace of quantitative easing in Europe, Asian central banks are maintaining accommodative monetary policy.
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White papersItaly towards new elections
On May 27th, the designated Prime Minister Giuseppe Conte gave up his mandate to form a Government.
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White papersGlobal Investment Views: June 2018
We have entered into a regime of diminished returns. Sensitivity to news flow is, and will continue to be, very high, as markets try to adjust to new financial and economic conditions.
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White papersEmerging Markets, Emerging Political Change
A lot of positive political change isn’t reflected in emerging market asset prices. EM investors still demand extra return for political risk even though that risk is going down in some countries—and opportunities are increasing.
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White papersCross road: the landscape of the fixed-income market
Two events pushed down Eurozone sovereign spreads in 2017: the French presidential election in April & May, which dissipated investors’ fears about Eurosceptic movements, and the announcement on 26 October of a smaller-than-expected reduction in ECB’s QE for 2018 (monthly purchases lowered from € 60 bn to €30bn).
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White papersRethinking fixed income investing when the easy money is coming to an end
Core fixed income allocation, usually comprising high-quality government and corporate bonds, has played a relevant role in diversified portfolios over the last few decades.
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White papersYesterday, bonds were such an easy game to play…
…but now we are back to worrying about inflation, recession and things that tweet in the night.
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White papersRising Rates Survival Guide
Looking for new sources of income and diversification will be crucial to dealing with the challenges of rising interest rates and inflation.
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White papersIn Credit: Three percent… and rising?
As recently as mid-2016, the benchmark 10-year US treasury note had a yield of less than 1.4%.
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White papersECB: dovish tone and calm markets - but flexibility needed with volatility ahead
The overall stance is still broadly accommodative and aims to confirm the consensus view.
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White papersRethinking fixed income investing when the easy money is coming to an end
The end of easy money may point to different investment scenarios
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White papersPotentially a strong year for Asian bonds
In a world where the global interest rate environment is posing greater risks, Asia’s inefficient fixed income markets offer opportunities for flexible investors.
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White papersThe dangerous science of buckets
Why absolute return fixed income challenges traditional asset allocation thinking.
