Yield Curve
Our key US fixed income views for 2026.
Our Portfolio Allocation Summary for October 2025.
From Treasurys to tokenization, stablecoins are quietly becoming one of the most disruptive forces in global finance, with the power to compress yields, deepen dollar penetration, and shift the balance within crypto markets. Explore BCA’s latest insights on their growing impact.
Australia’s NAB survey shows underlying resilience, reinforcing our underweight on ACGBs and the case for AUD flatteners vs. CAD steepeners. The August survey was mixed, with current conditions improving to 7 from 5, while business confidence softened to 4…
Gold and steepeners remain core trades, supported by structural shifts in markets and policy. Gold broke out of the consolidation range it had been in since April, supported by central-bank buying and heightened policy uncertainty. Moreover, the…
Our Portfolio Allocation Summary for September 2025.
Monetary policy surprises shape curve trade returns. We show where steepeners and flatteners offer the best risk-reward in today’s market.
Our Portfolio Allocation Summary for August 2025.
The BoC held rates at 2.75% for a third consecutive meeting, but a weak growth outlook and contained inflation reinforce our overweight in Canadian bonds. With policy within the 2.25%–3.25% neutral range, the BoC remains comfortable waiting for clarity…
Investors should anticipate above average Treasury returns during the next 12 months, and curve steepeners will continue to profit.