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.

Download complete Fixed Income Outlook: U.S. | Non-U.S. (PDF)

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