Ahead of the Curve

This Capital Group report analyzes the implications of U.S. economic resilience and easing inflation for bond investors, with insights from investment directors Flavio Carpenzano and Peter Becker.

• Economic Outlook: The U.S. economy has returned to mid-cycle, with easing inflation and Fed rate cuts providing a positive backdrop for fixed income.  
• Investment Opportunities: High-quality investment-grade bonds, curve steepeners, and select high-yield credit offer compelling carry and duration benefits.  
• Global Dynamics: Structural challenges in Europe and China underscore U.S. dominance as the primary driver of global economic growth.

For a detailed exploration of fixed income strategies, access the full report.