Active Fixed Income Outlook: Trump arrives

The latest Q1 2025 Fixed Income Outlook explores the impact of shifting economic policies, geopolitical risks, and market technicals on fixed income strategies.  

Key Takeaways: 
• US Policy & Market Reactions: The return of the Trump administration introduces uncertainty, particularly regarding tariffs and fiscal policy.  
• Credit Market Dynamics: US credit spreads are at multi-decade lows, while European credit remains attractive.  
• nflation & Fed Policy: Inflation trends and potential Fed rate cuts will be crucial for bond market performance.  
• Emerging Markets: Strong fundamentals support resilience despite geopolitical risks.  

Read the full report for in-depth analysis and strategic insights.