Corporate Bonds

In this, our final report of the year, we present our main global fixed income investment themes and recommendations for 2024.

Our US fixed income team’s key investment views for 2024.

Our Portfolio Allocation Summary for December 2023.

The recent uptick in European economic data will not last beyond the next six months. How will European corporate credit perform in this context?

Our kinked Phillips curve framework predicted the immaculate disinflation of 2023. That same framework is now warning that the global economy is heading towards a recession in the second half of 2024.

Our Portfolio Allocation Summary for November 2023.

High interest rates will eventually cause growth to slow. Signs of stress are already starting to show. Stay cautiously positioned.

What will the next manufacturing cycle look like in Europe and how will risk assets perform? Lessons from the recent past.