Insights Topic
Fixed income
Fixed Income Boutique
Fixed Income Quarterly
Each quarter, our experts from the Fixed Income Boutique deliver actionable insights to help you make sense of the global fixed income universe. They uncover key risks, opportunities, and trends.
TwentyFour
Flash Fixed Income
Taking inspiration from the “flash” economic indicators that offer markets a preview of the final numbers, Flash Fixed Income is a monthly outlook that keeps investors ahead of the curve by dissecting the major trends across the global bond markets.
Fixed Income Boutique
Beneath the hawkish headlines: What’s next for the European Central Bank, Federal Reserve, and Bank of Japan?
The closure of the Strait of Hormuz reignited inflation concerns and prompted major central banks into a more hawkish stance. While inflation has risen, we believe the shock is temporary, making further ECB and Fed tightening unlikely. An additional hike from the BoJ is likely, in our view, but it risks moving too slowly.
Fixed Income Boutique
Somewhat reopened is good enough for EM fixed income
EM fixed income stayed resilient through the war-induced shock. As oil prices fell, inflation remained contained. Capital inflows resumed after a brief interruption and sovereign rating upgrades continued. We believe the asset class is supported by elevated global risk appetite, attractive local-currency yields, and diversification away from US assets.
Fixed Income Boutique
Credit at a crossroads: AI-driven IG supply, hidden dispersion in HY, and Swiss stability
The investment grade market faces an AI-driven supply surge as hyperscalers reshape credit dynamics. In high yield, surface stability masks elevated issuer dispersion and structural divergence, while CHF markets remain supported by benign inflation, strong demand, and favorable seasonal dynamics.
TwentyFour
Five reasons to invest in CLOs
Collateralised loan obligations (CLOs) are securitisations backed by a large pool of senior secured corporate loans, which are financed partly via selling bonds to investors.
TwentyFour
Five reasons to invest in Multi-Asset Credit
Multi-Asset Credit (MAC) is an active, unconstrained fixed income strategy that targets higher returns for investors who accept greater market and credit risk.
Asset management
Replay: Rates, credit & market reality — what matters now?
Vontobel’s experts assess the implications of the latest US-Iran deal for inflation and interest rates, exploring the policy outlook for the Fed, ECB and Bank of England, and discussing where opportunities and risks may emerge across fixed income markets.
