Market Outlook
2nd Quarter 2013 Market Outlook
In the second quarter, while a gradual trend higher in US Treasury yields may weigh on investment grade bonds, we continue to expect respectable performance from the higher yielding fixed income sectors.
1st Quarter 2013 Market Outlook
Headline driven volatility notwithstanding, Treasury yields are likely to remain relatively low and range bound, while spread product remains biased to outperform. Global bond markets, both developed and emerging, should outperform as investors incrementally move abroad in search of return.
4th Quarter 2012 Market Outlook
Headline driven volatility notwithstanding, Treasury yields are likely to remain capped, while spread product remains biased to outperform. Global bond markets—both developed and emerging—will outperform as investors incrementally move abroad in search of return.
3rd Quarter 2012 Market Outlook
We expect the economic picture and the crisis in Europe will continue to create volatility, but the result over the intermediate term remains roughly the same: low government yields are likely to persist, and spreads are likely to tighten.