Fixed income markets

Why 2026 will be a turning point for Asian fixed income

The region offers a combination of yield, diversification, stability and improving credit quality

Long-duration assets are expected to exhibit “significantly higher price volatility” than the rest of the curve throughout 2026.
BROKERS’ TAKE

Smart yield hunting: CGSI says buy SGD, AUD-issued bonds, 5-10 year investment-grade debt

Analyst recommends investment-grade bonds with mid-term maturity rates

The bond bull market is set to continue, where returns accrue not by a quick drop in yields and a rise in prices, but rather by ongoing earnings from yield itself.

Yield is destiny: Welcome to Year 4 of the bond bull market

Given the wide spectrum of risks and outcomes, vigilance remains in order

The US Treasury has been focusing on short-term securities, especially T-bills, in its issuance strategy to avoid locking in current high long-term interest rates.
CIO CORNER

Rising public debt and what it could mean for investors

An immediate risk is that concerns over debt sustainability and credit rating cuts could trigger periodic volatility in bond yields

Investors continue to receive more compensation for taking on emerging-market credit risk than for equivalent developed-market credit, even when the underlying credit quality is the same.

Fixed income at a crossroads: Emerging-market debt gains appeal

Bond markets in emerging economies offer high real yields, improving inflation trends and attractive FX valuations

Markets quickly latched onto Fed chair Jerome Powell’s comments in October that a December rate cut was "not a foregone conclusion – far from it".
INVESTING GLOBALLY & PROFITABLY

Opportunities in medium-term bonds as US yield curve steepens

Medium-term yields may drift lower as the Fed cuts rates, but likely in smaller magnitudes relative to each cut

Yields on global investment-grade bonds are more or less at their highest levels since the global financial crisis across several major markets.

A strategic buy point for fixed income

While the investment outlook remains clouded by uncertainty, such times often create opportunities

The case for the Fed’s shift back to cutting rates has been supported by a steep slowdown in the pace of hiring over the past several months as businesses braced for the impacts of US President Donald Trump’s trade war.

Bond traders lean into ‘sweet spot’ amid doubts over Fed path

AT BLACKROCK, PGIM and other Wall Street firms, bond fund managers are sticking to trades that will likely pay off even if the US Federal Reserve’s path is again knocked off course by surprising turns...