Fixed Income and Treasury - Articles & White Papers

A quarterly publication covering macro and market insights from the fixed income team at Capital Group.

Credit valuations appear elevated, global debt levels are high and rising quickly, and persistent fiscal imbalances risk undermining market confidence. In this piece, Mawer discusses how investors should consider navigating the current uncertainty while improving the long-term prospects of their fixed income allocation.

With a whirlwind of recent developments KKR thinks it makes sense to update what we have been learning, especially as it relates to the firm's Regime Change thesis.

Invesco has downgraded their 2025 U.S. growth forecast, but are not predicting a recession.

2025 is looking increasingly like it will be anything but simple for the bond market writes Olivier De Larouziere, Head of Fixed Income, BNP Paribas Asset Management.

This paper explores the evolution of bond markets and the role of fixed income indexing in providing liquidity, transparency, and accessibility. It examines innovations such as ETFs, electronic trading, and fixed maturity indices.

This paper reflects the views within our submission to the European Commission's targeted consultation on the functioning of the EU securitisation framework.

From modest beginnings to market leader - When Salomon Brothers launched a nine-country international bond index in 1986, it made a small splash. Yet, Marty Leibowitz, head of Salomon’s portfolio analysis group, foresaw its potential for institutional investors. At the time, investors were recovering from the severe bond…

Recent market volatility means it’s time for thoughtful diversification across fixed income sectors. Franklin Templeton Institute explores the investment implications and opportunities in this report.

This Citi Institute report focuses on Foreign Direct Investment (FDI) into the U.S. and how the rapidly shifting dynamics of global capital movement might affect it.

This is KKR's second rendition of V for Volatility, a symbolic nod to the Q1 2020 note KKR published under the same title, during what has proven to be the opening chapter of a lasting and historically significant regime change.

Modernizing treasury operations may seem overwhelming, but adding automated and integrated solutions with a structured approach can deliver quick wins, helping to ease the daily pressures of time-strapped treasurers.

Investors are seeking to diversify their fixed income and credit exposure. Of the options available, structured finance has emerged as a compelling choice as a complementary allocation. Learn how it can help diversify and enhance returns within portfolios.

Increasingly, institutional investors are looking for innovative investment solutions that allow them to put their money to work in ways that help communities or provide some social benefit — without sacrificing financial returns. U.S. municipal bonds — a well-established fixed income investment — can help investors achieve…

Between 2017 and 2022, 11 Emerging Markets (EM) sovereigns defaulted, representing approximately 15% of the Emerging Markets Bond Index (EMBI) weight taken 12 months prior to default. This piece explains the catalysts that drove each country into default.

What goes into managing a bond index fund? More than meets the eye. Find out how Vanguard balances the trade-offs.

Allocating to global fixed income strategies significantly expands the opportunity set, enhancing portfolio robustness and diversification.

This chart pack highlights 12 stories that will shape the economy during what looks to be a hugely exciting year. They touch on everything from artificial intelligence to central bank monetary policy.

This report uncovers insights on the evolving landscape of green, social and sustainability-linked (GSSS) bonds in EM and developing economies.

Conditions are likely to remain uneven for private markets. At the time of this report’s publication, geopolitical instability and changes in trade policy are emerging as critical challenges for managers and investors.