FICC | Bonds

We dig into the USD-denominated Emerging Market Sovereign Index to see which credit tiers and countries offer value relative to US Credit.

Special Report

This Special Report argues that rate cuts will come sooner in Canada than the US and offers how investors can profit from this.

Our updated views on Treasury yields and Fed policy following this morning’s CPI report.

German Bunds have cheapened considerably, and the ECB is about to start cutting rates. Does this combination guarantee immediate profits from buying these bonds?

In this report, we review our trade recommendations based on incoming data in the last month.

An update to our views on UK rates and currency following today’s Bank of England meeting.

Our Portfolio Allocation Summary for May 2024.

Some thoughts on this morning’s employment report and recent trends in US economic data.

Updated views on US Treasury yields and the dollar following today’s FOMC meeting.

Special Report

In this Special Report, we introduce our Euro Inflation-Linked Golden Rule – a framework to profitably trade and invest in Euro Area inflation-linked bonds versus nominals. The Rule is currently signaling that nominal government bonds should outperform inflation-linked bonds over the next year as disinflation in the Euro Area continues.