Featured

By John Sidawi and Ihab Salib, Senior Portfolio Managers at Federated Hermes Ballooning public debt is forcing many countries to overhaul fiscal rules, which could have a significant impact on credit markets in the months ahead. The last couple of years has seen global monetary policy effectively spearhead valuations in both...

By Michael Goosay, chief investment officer fixed income, Principal Asset Management What lies ahead for fixed income investors in the year ahead? In short, heightened uncertainty breeds opportunity—and fixed income markets should be brimming with opportunity in 2025. With so much prospective noise on the horizon, fixed income investors need to...

From Robert Tipp, chief investment strategist and head of global bonds, PGIM Fixed Income Lacklustre Q4 performance sets the stage for a 2025 bull market No doubt, the fourth quarter of 2024 was a mediocre one for bonds, aside from China. While some headlines relayed despair, we would argue that a...

By Catherine Braganza, Senior Portfolio Manager, Insight Investment This excerpt is derived from Insight Investment’s ‘Thoughts for 2025’ Paper. To view the full report, click here. As the global economy navigates ongoing uncertainties, investing in high yield credit presents a unique opportunity for investors to harness the power of compound returns....

A major macro regime transition for 2025 Risks to US market rates are no longer skewed to the downside Rosy vs. gloomy, a different growth picture when you look at the US vs. Europe From Goldilocks to Trumpilocks. You remember Goldilocks, that time when the market backdrop looked quasi-perfect, both...

Despite higher yields, the world is not walking away from bonds - or threatening not to finance government deficits. US Treasury long-term yields of between 4% and 5% are reflective of where the economy is and that the decade of low interest rates is well behind us. The good...

Good data is bad More precisely, bad news for risky assets. This has become (yet again) evident after the market's recent response to the strong US employment report earlier this month, which triggered a sharp risk-off move. To be clear, this is not an unusual phenomenon, as we have seen...

Tim Murray, Capital Markets Strategist, Multi‑Asset Division at T. Rowe Price, shares his comments on the potential implications of the new presidential administration on the market. Donald Trump's second term could impact markets in several ways. The market optimism engendered by Trump's election victory is supported by the potential impacts...

From Damien Buchet, Chief Investment Officer, Principal Finisterre, part of Principal Asset Management As 2024 is now behind us, we are reflecting on a year of political and geopolitical upheaval which culminated in the election of Donald Trump in the U.S., whose disruptive agenda hangs over emerging market (EM) investors'...

Observations from T. Rowe Price We expect the global economy to adjust to higher trend inflation, higher interest rates, and greater volatility. Though inflation remains sticky, market conditions appear favourable for a growing U.S. economy. Investment opportunities are emerging across multiple sectors and regions as earnings growth broadens beyond 2024's concentrated...