All Fixed Income articles – Page 42
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White papersWeakening Growth Outlook to Eventually Favor Euro Rate Risk
European policymakers face a dilemma: continue to hike interest rates to combat inflation or ease off to stimulate growth.
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White papersOur investment teams on the key themes for 2023
In our 2023 Outlook paper, we look back on last year and outline the key themes that could shape markets in the year ahead.
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White papers2023: A Year of Transition for the Global Economy
With an extremely challenging 2022 now in the books, a look back reveals a year defined almost entirely by inflation. Financial markets, investors and policymakers alike in many major economies zeroed in on surging prices and what they meant for growth and asset prices.
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White papersFixed Income Outlook: 1Q 2023
The past year has seen a historic surge in inflation and interest rates, and a corresponding reset in financial asset valuations. At the start of 2023, we believe that peak inflation has passed, and anticipate a gradual reduction in pricing pressures over the course of the year, even as short-term rates remain elevated. Amid more subdued volatility, we favor a focus on quality and security selection to capitalize on the more generous yields now provided by fixed income markets.
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White papersAsset Allocation Committee Outlook: 1Q 2023
Neuberger Berman’s Asset Allocation Committee meets every quarter to poll its members on their outlook for the next 12 months on each of the asset classes noted and, through debate and discussion, to refine our market outlook. The panel covers the gamut of investments and markets, bringing together diverse industry knowledge, with an average of 30 years of experience.
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White papersEmerging-Market Debt Outlook 2023: A Shifting Balance of Risks
Financial markets offered few opportunities for refuge in 2022, and emerging-market bonds were no exception. We expect the past year’s difficult conditions to gradually unwind in 2023, but risks remain, and investors will need to be selective.
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White papersAn improved toolbox to manage volatility and provide income
Concerns around inflation have driven core government bond yields upwards to levels not seen for more than a decade
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White papersLooking beyond headline risks: European ABS review and 2023 outlook
It has been a challenging year defined by seismic events – from spiralling inflation to rising rates, and war in Ukraine. Indeed, 2022 has seen punctuated bouts of volatility applying great pressure on risk assets – but European ABS managed to outperform many of its peers. Here, we take a look at why this is the case, and what to potentially expect for 2023.
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White papersIG Credit: Well-positioned in a Challenging Environment
In a potential recessionary environment, robust company balance sheets and normalizing yield levels are creating a compelling case for IG corporate credit.
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White papersThe time is now: Creditors to negotiate stronger covenants in 2023
The current credit environment offers a silver lining for investors in challenging markets, as issuers look to amend and extend debt amid rising rates.
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White papersEuropean Fixed-Income Outlook: Stay High Quality in 2023
European bond-market performance was among the worst on record in 2022, as Europe ran the gamut of geopolitical, economic and market storms. While problems persist and we expect further periods of volatility, we believe the worst impact on markets is past and that investors will find opportunities in 2023—particularly in investment-grade and select high-yield credit.
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White papersBBBs in the ‘Old Normal’
A key investment-grade sector retains its appeal, but selectivity may be important.
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White papersWhy the outlook for bonds is improving
Bonds are poised to deliver better risk-adjusted returns than equities over the next 12 months.
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White papersOutlook 2023
The leaders of our investment platforms welcome the New Year with their views for 2023.
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White papersAllspring Systematic Edge
Allspring Systematic Edge delivers innovative products and bespoke solutions to meet investor needs.
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White papersInfographic – Investing as the economy enters a new configuration
What should investors expect at a time when central banks are fiercely fighting inflation, economies are slowing and geopolitics and global economic integration are in turmoil? Check out this infographic for our views on monetary policy, equities and bonds, and sustainability in 2023 – in short, on investing in an age of transformation.
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White papersMacroeconomic Picture - January 2023
United States: the US economy is showing signs of deceleration, with restrictive monetary policy starting to weigh on activity and progressively dragging growth below potential.
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White papersCross Asset Investment Strategy - January 2023
An economic backdrop characterized by high risk of policy mistakes and strong regional divergences calls for a prudent stance in risk assets, especially now that markets are priced for perfection, leaving little room for any negative surprise.
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White papersFixed-Income Outlook 2023: Finding Equilibrium
2022 was an ugly year for investing. As central banks battled inflation, interest rates soared and recession fears mounted. Equity and fixed-income markets broke with convention and fell in tandem. Nearly every bond-market sector suffered historic losses, leaving almost nowhere for investors to hide.
