ISHG - Dawn Of A New Regime: Implications For Fixed Income
2024-04-02 12:20:00 ET
Summary
- Mounting pressures from macro megaforces point toward higher structural inflation and lower real GDP growth in the years ahead.
- We think higher inflation and slower economic growth will reverberate across the global fixed-income markets, shaping how investors allocate capital over the long run.
- In our view, this new regime will make itself known through a slow reveal rather than a seismic shift. Indeed, it’s likely already arrived.
By Scott DiMaggio, Michael Rosborough, & Fahd Malik
What does an era of higher equilibrium inflation mean for yields, volatility and active bond investing?...
Dawn Of A New Regime: Implications For Fixed Income