Fixed Income Outlook  |  Q3 2019

Sector views

  Current quarter
  Previous quarter
    Change from previous quarter
Underweight Small underweight Neutral Small overweight Overweight
U.S. government and agency debt
U.S. tax exempt
Tax-exempt high yield
Agency mortgage-backed securities
Collateralized mortgage obligations
Non-agency residential mortgage-backed securities
Commercial mortgage-backed securities
U.S. floating-rate bank loans
U.S. investment-grade corporates
Global high yield
Emerging markets
U.K. government
Core Europe government
Peripheral Europe government
Japan government

Currency strategy

U.S. dollar versus
Favor other Neutral Favor dollar
  Euro
  Pound
  Yen
Card image cap

Bonds rally as the Fed signals possible rate cut

July 26, 2019  |  Fixed Income Outlook

The global economy has cooled in 2019 as the fallout from the ongoing trade rifts, waning business confidence, and financial market volatility have kept the lid on expansion.

More »