As investors grapple with the potential for elevated volatility, we offer six themes we think will drive fixed income markets in the first half of the year.
While high starting yields should provide a buffer against potential volatility, credit selection will be critical as dispersion within and across sectors increases.
Inflation is cooling, the economy is resilient and starting yields offer a cushion against further rate volatility—there’s a lot to like about fixed income in 2025.
Although most pension plans are now over 100% funded, many still carry elevated allocations to equities. De-risking isn't just beneficial, it’s mission critical
Funding ratios rose again in 2022, putting plan sponsors in another surprisingly strong position. But with critical decisions looming, de-risking and diversification are paramount.