Our latest macroeconomic insights Asset Allocation Update Another look at the underperformance of Gilts Although we no longer expect Gilts to outperform in local-currency terms, we do think they’re set to hold up better against Treasuries and Bunds over the rest of this year than they have done lately. 15th June 2023 · 5 mins read Global Markets Update Rate cuts may not be a big boost for EM local-currency bonds We think an upcoming shift in emerging market monetary policy towards rate cuts will provide long-dated local-currency government bonds there with a bit of a tailwind. But gains may be limited in the... 13th June 2023 · 4 mins read Asset Allocation Update Yield curve positioning after the final Fed hike Although we think that the Fed is set to end its tightening cycle in July, we aren’t convinced that 10-year Treasuries will outperform 2-year Treasuries in the way that they have after recent Fed... 9th June 2023 · 4 mins read Global Markets Update Euro-zone bond yields may have already peaked While we anticipate that the ECB will deliver more rate hikes this year, we don’t think that this would trigger another leg up in long-term euro-zone government bond yields. In fact, we suspect that... 8th June 2023 · 5 mins read Pagination Previous … Page 81 Page 82 Page 83 Page 84 Current page 85 Page 86 Page 87 Page 88 Page 89 … Next
Asset Allocation Update Another look at the underperformance of Gilts Although we no longer expect Gilts to outperform in local-currency terms, we do think they’re set to hold up better against Treasuries and Bunds over the rest of this year than they have done lately. 15th June 2023 · 5 mins read
Global Markets Update Rate cuts may not be a big boost for EM local-currency bonds We think an upcoming shift in emerging market monetary policy towards rate cuts will provide long-dated local-currency government bonds there with a bit of a tailwind. But gains may be limited in the... 13th June 2023 · 4 mins read
Asset Allocation Update Yield curve positioning after the final Fed hike Although we think that the Fed is set to end its tightening cycle in July, we aren’t convinced that 10-year Treasuries will outperform 2-year Treasuries in the way that they have after recent Fed... 9th June 2023 · 4 mins read
Global Markets Update Euro-zone bond yields may have already peaked While we anticipate that the ECB will deliver more rate hikes this year, we don’t think that this would trigger another leg up in long-term euro-zone government bond yields. In fact, we suspect that... 8th June 2023 · 5 mins read
