FISR News and Press, SPDR SSGA Fixed Income Sector Rotation ETF From 03/14/21

In reaction to the COVID-19 outbreak last March, emerging markets (EMs) initially sold off more sharply than developed markets (DMs), but saw a stronger recovery owed to higher commodity prices and robust demand from China. Continued performance in EMs is likely to be driven by a weak...

Emerging markets debt could benefit in 2021 from a favorable combination of factors - such as improving global growth and ample liquidity conditions. The positive global macro backdrop should be conducive to risk-taking that encourages a rotation away from safe havens such as the U.S....

We expect the Chinese economy to experience a solid year of growth. The IMF is currently forecasting 7.9% real GDP growth in 2021 - well above trend growth. On the other hand, we continue to think that monetary policy is going to become less accommodative. On an international leve...

In the midst of the unprecedented COVID shock, many EM central banks quickly shifted to extraordinarily easy monetary policy. For speculative-grade EM sovereign bonds, the worries are more structural in nature. There are plenty of global "push" factors to encourage investors to mo...

SPDR SSGA Fixed Income Sector Rotation ETF (FISR) - $0.0574.30-Day SEC Yield of 2.51% as of Feb 26.Payable Mar 05; for shareholders of record Mar 02; ex-div Mar 01. For further details see: SPDR SSGA Fixed Income Sector Rotation ETF declares monthly distribution of $0.0574

After an extremely challenging 2020, we expect a strong global economic recovery in 2021. Historically, EM crises have been driven by unsustainable debt dynamics, currency crises, and/or financial sector disruptions. This is not the case today. Valuations in the EM hard currency s...

Climate change has made the world a riskier place. Financial risks created by climate change are felt more acutely by developing economies, especially those that are not adequately prepared. As countries seek a sustainable path of recovery from the effects of the COVID-19 pandemic...

Emerging market bonds rallied spectacularly in the last two months of 2020. Despite talks of tapering, the Federal Reserve remains committed to its new policy regime shift of average inflation targeting, and liquidity remains ample. The medium-term story for India is even more imp...

Our study showed that a COVID-19 vaccine would be the single most important factor in giving people confidence to resume normal spending habits. School reopenings should provide a further impulse to the recovery. Fiscal and monetary policy have already provided enormous stimulus, ...

Stocks in emerging markets continued to lead the major asset classes in January as the top monthly performer. Emerging markets shares have been up for four straight months, pushing this slice of the world's equities to a wide one-year lead of nearly 28%. US stocks are posting the ...