Fixed Income Amid Volatility: Tactical Shifts in a Turbulent Market

Allianz Global Investors’ April 2025 *Fixed Income Forward* highlights how elevated volatility, trade tensions, and shifting central bank policies are reshaping bond market dynamics and positioning.

Key Insights:

• Fixed income delivered positive returns YTD despite sharp equity selloffs and geopolitical uncertainty.
• Yield curve steepening and tactical duration trades remain core strategies amid volatile rates.
• Corporate credit offers opportunities, with a tilt toward quality issuers and selective high-yield exposure.
   

Explore the full report for deeper insights into how to navigate today's complex and rapidly evolving bond markets.