FIXD - Coming Out Of COVID-19: A Look At Interest Rates And Inflation In Europe

March, 02 2021 01:30 AM First Trust TCW Opportunistic Fixed Income ETF

In Europe, the recovery from COVID-19 will take several years to get back to pre-pandemic levels. In this type of environment, we think the ECB is going to remain very accommodative and is likely to continue its asset purchasing program.
Given the likelihood of a slow recovery, we don't see interest rates rising in the euro area for at least five years.
As regards fixed-income allocations given the challenges of COVID-19 and a prolonged low interest rate environment, from a European perspective we still see plenty of potential opportunities in the year ahead and beyond.

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Company Name:	First Trust TCW Opportunistic Fixed Income ETF
Stock Symbol:	FIXD
Market:	NASDAQ