Growth questions and potential inflation are among the issues fixed income investors face in seeking opportunity in the current environment.
With a sharp market recovery since early in the pandemic, spreads on many fixed income securities have narrowed to close to pre-crisis lows. Economies are generally regaining strength, but their trajectory could be heavily influenced by the coronavirus, the potential for vaccines and political uncertainty. In this unusual environment, we believe fixed income investors should focus on three essential questions: What could growth look like? How will inflation fit into the picture? And what segments of the market appear attractive on a relative basis?
Download Report