Sorry, you need to enable JavaScript to visit this website.
Skip to main content
Skip to main content

Fixed Income

BCA’s 2025 Outlook: Walking A Tightrope
Our 2025 Outlook was just published. We revisit this year’s calls and discuss what we think is ahead for the global economy and markets for the next 12 months and beyond. The recent US election has significantly shifted our economic and market outlook. A…
Daily Insights
What’s Next For US Yields?
Our US bond strategists expect yields to remain volatile, and do not have confidence that yields have peaked yet. The transition period to a new US administration introduces headline risks on where fiscal policy is headed.   At about 4.4%, the…
Daily Insights
Governance, Scale, And Liquidity: Lessons From US Public Pension Funds
Our Global Asset Allocation team analyzed the performance and allocation strategies of 79 US public pension funds, providing insights across governance, scale, and liquidity.  Strategic Asset Allocation (SAA) is the most significant driver of fund…
Daily Insights
China: Still No Turning Point
Chinese activity indicators showed resilience in October, with retail sales jumping from 3.2% to 4.8% y/y. Industrial production growth was roughly unchanged at 5.3% y/y. New and used home prices keep falling, albeit at a slower pace. We would fade this…
Daily Insights
US: Expect Disinflation To Continue
US CPI inflation for October printed in line with expectations and was unchanged from September, with headline at 0.2% month-over-month and core at 0.3%. Headline re-accelerated to 2.6% from 2.4% on an annual basis, and core stayed steady at 3.3%. This…
Daily Insights
Central Bank Monitor Update: Easing Forward
According to the latest update of the Central Bank Monitors from BCA’s Global Fixed Income strategists, economic weakness and diminishing inflation pressures warrant a shift towards easier global monetary conditions. The most hawkish signals come from the…
Daily Insights
A Good Time To Short TIPS

We update our inflation forecast following this morning’s CPI release, concluding that TIPS breakeven inflation rates have room to fall.

US Bond Strategy by Ryan Swift
f_image_20241112_181103.PNG
Tracking The Trump Trade

Our Portfolio Allocation Summary for November 2024.

US Bond Strategy by Ryan Swift
f_image_20241111_180117.PNG
Central Bank Monitor Update: Easing Forward

This week, we update our Central Bank Monitors (CBMs), that help us calibrate how monetary policy should be adjusted in developed-market economies. Our conclusion is that while overall, easier monetary settings are required, there a few trade ideas that arise from the divergences in signals amongst G10 countries.

European Investment Strategy, Global Fixed Income Strategy, Foreign Exchange Strategy, US Bond Strategy by Ryan Swift, Mathieu Savary, Chester Ntonifor
F_IMAGE_20241108_183219.PNG
Another Look At The Labor Market

The force of the post-election momentum leads us to believe we could be stopped out of our defensive positioning before the week is out, but we still believe in our recession call. If we are eventually stopped out, we will seek a more opportune entry point to bet against risk assets once the election fever runs its course.

US Investment Strategy by Doug Peta

Related Topics

AI BCA Indicators/Model BDCs Bubbles/Crises/Manias Commodities Commodities & Energy Sector Country In-Focus Currencies Defaults Deleveraging See more Topics