Jenna Barnard, Co-Head of Strategic Fixed Income, explains how the persistence of interest rate divergence remains central to the team’s thinking on the outlook for the bond markets.
Bond markets will be dominated by interest rate divergence across developed economies over the next few years
Central banks in a number of economies such as Australia and Europe simply do not have the impetus to hike rates…
…but some have followed the US Federal Reserve, such as Canada
Divergence in interest rates create opportunities to actively manage duration
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