All Fixed Income articles – Page 14
-
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.
-
White papersUS inflation down, but still above target
US CPI was up 2.7% YoY in December, unchanged from the previous month, meeting market expectations and significantly down from levels seen in early 2024. Core inflation — which excludes food and energy — rose 2.6%, slightly below expectations. It was weighed down by declines in used cars and trucks and by IT‑related goods.
-
White papersFixed Income Perspectives
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.
-
White papers2026 Fixed Income Outlook: Stay Calm and Keep Your Carry On
Investors would be forgiven for worrying that credit issues may be looming. Recent isolated but high-profile bankruptcies have raised alarms that more such “cockroaches” may be hiding in the banking and private credit sectors — and have spawned fears of a more widespread “termite problem” eating away at the underlying financial system.
-
White papersWorld markets review — Fourth quarter 2025
Global stocks rose modestly, supported by solid corporate earnings and better-than-expected U.S. economic growth. Investor worries about high valuations among artificial intelligence (AI) stocks were offset by stellar quarterly earnings reports from AI-linked companies, including Alphabet, NVIDIA and Microsoft.
-
White papersFive keys to investing in 2026
After three straight years of double-digit returns for the S&P 500 Index, investors are entering 2026 with equal parts confidence and caution.
-
White papersFixed income opportunities, a positive start for equities
Corporate bond returns are comprised of a risk-free yield and a credit spread, which compensate investors for taking on more risk relative to government bonds.
-
White papersAsian Credit Outlook 2026: Finding opportunity beyond the cycle
Asian credit enters 2026 supported by a constructive combination of technical factors and gradually improving fundamentals. Accommodative funding conditions across the region, disciplined issuance and sustained investor demand have underpinned the market’s recovery since late 2023. Valuations continue to offer a meaningful income cushion relative to global peers, while improving credit metrics have expanded the opportunity set for selective investors.
-
White papersDecember CPI report: Unlikely to alter the Fed’s course
Inflation data supports a steady Fed stance, reinforcing expectations for gradual policy easing.
-
White papersFinding the AI Megatrend Through Bonds
The AI capex boom is creating a compelling fixed income opportunity, as leading tech firms increasingly fund investments through sizeable AI‑linked bond issuance, offering investors an alternative way to gain AI exposure beyond equities.
-
White papersECB to stay on hold in early 2026
Eurozone inflation slowed to 2.0% in December, according to a preliminary estimate, hitting the ECB’s 2% target for the first time since August. We expect inflation to stay below this target both this year and next year, while real GDP growth should slow overall in 2026 despite the recent positive momentum. Growth forecasts were upgraded, while inflation still signals a deceleration due to sluggish private consumption, slowing wage growth, and further euro appreciation (which tends to make exports cheaper).
-
VideoInvestment outlook – Handling the shifting investment landscape
What to expect for the world economy in 2026? How will the US Federal Reserve respond to a softer labour market but sticky inflation?
-
White papersFlash commentary: Venezuela
Since August 2025, the US has deployed one of the largest forces in the Caribbean and US policy had been shifting from economic sanctions to political pressure, with Chevron’s oil license restored and military assets deployed near Venezuela as President Trump sought to manage competing priorities of energy, drug cartels, immigration, and friction with the Maduro regime.
-
White papersExtended Fixed Income: Seeking Returns in Public and Private Debt
In an environment where rates are normalizing and credit spreads are tight, European insurers are seeing a mix of interesting opportunities in emerging markets debt, private credit and securitised products.
-
White papersNeuberger Berman’s 2026 Capital Market Assumptions
After a volatile yet resilient year for markets, we look to 2026 with cautious optimism that the worst of the global trade and policy uncertainty has passed, leaving a more supportive, if still dynamic, backdrop for economic growth and risk assets.
-
White papersEuropean Fixed-Income Outlook 2026: Fair Winds as Currents Shift
The backdrop for Europe’s bonds remains favorable—even as technological change creates new challenges.
-
White papersWhen credit demand follows supply
Corporate issuers are increasingly traversing the global credit markets to optimize their funding strategy. Investors should adopt the same mindset, argue David Mechlin and Eileen Liu.
-
White papers2025 recap: Strong performance despite tariffs and AI concerns
Markets delivered solid returns in 2025, overcoming geopolitical pressures and valuation worries around AI.
-
VideoThe 2026 Global Fixed-Income Playbook
Scott DiMaggio, AB’s Head of Fixed Income, urges investors to embrace balance and flexibility.
-
White papersWhy our improved credit outlook explains tight spread levels: 360°, Q4
Our confidence in moderate, credit-friendly growth on a global basis has improved.
