Das Global Fixed Income Team von Morgan Stanley diskutiert, inwiefern der Mai für Finanzmärkte mit Schüben von Risikofreude wie auch Risikoaversion ambivalent war und ob eine anhaltend hohe Volatilität zu erwarten ist.
John Pattullo und Jenna Barnard, Co-Leiter des Strategic Fixed Income Fonds, bewerten die Inflationserwartungen in Industrieländern sowie ob sich die höhere Inflation etablieren wird.
Quantitative easing and its effects on fixed income markets are here to stay. Investors ignore that at their peril.
Following a dip in market-implied Fed expectations, a recovery is now visible. Germany remains the ultimate safe haven in Europe, but other core countries continue to benefit.
In appointing a prime minister that was not of the majority populist parties’ choosing, President Mattarella of Italy reignited political strife in Italy and sent shudders through asset markets. Portfolio managers Andrew Mulliner and Tim Winstone consider the implications for fixed income.
Das Global Fixed Income Team diskutiert, inwiefern die Märkte im April eine bestimmte Spanne einhielten, neue (bessere oder schlechtere) Wirtschaftsdaten jedoch Prognoseänderungen erfordern könnten.
Spread products have weakened in Europe recently while remaining little changed in the US. Market dynamics appear supportive for investment grade in both regions.
Jim Caron provides his review of the first quarter of 2018 and his outlook on market opportunities.
Passive bond funds are becoming popular with investors, particularly the exchange-traded kind. The trouble is, fixed income doesn't lend itself easily to index tracking.
Each currency has its unique drivers and the foreign exchange market overall is known for bouts for volatility. But there is the potential for broad-based appreciation of EM currency versus the US dollar, providing a lift to total returns from local currency debt, Patrick Zweifel, Chief Economist at Pictet means.