Economic and market updates

Fixed-Income Outlook

Download complete Fixed-Income Outlook
Fixed-Income Outlook: Key takeaways
  • U.S. economic data continue to be robust and should lend further support to domestic asset market fundamentals.
  • The biggest threats to continued U.S. strength are the dollar’s rise and a worsening of economic conditions overseas.
  • We favor prepayment risk and liquidity risk, and we expect to downplay energy-related credit and interest-rate risk.