What's Driving Bonds And Where Might They Be Headed?

Invesco US
3.22K Followers
(10min)

Summary

  • A curve steepener, long on the front end of the curve while being short on the long end of the curve, has helped performance.
  • Despite uncertainty, bonds have provided a better than expected return this year and yields have, in our view, been attractive.
  • Overall, we believe the worst of the volatility is behind us, which generally may mean spreads should have a room to run.

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By Matthew Brill, Head of North America Investment Grade Credit and Craig Altholz, Client Portfolio Manager

With geopolitical uncertainties influencing credit markets, we discuss the various market drivers and where we think bonds may be headed in the coming

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3.22K Followers
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