Our Market Optics chartbook contains data-driven insights that power our portfolio management teams’ views, ideas, and decisions. Each week, we’ll take a look a closer look at one of the charts.
This week’s topic: Fixed income: Global yield curves
That escalated quickly
- Aggressive action by central banks around the world has pinned the front end of most yield curves.
- Yield curves flattened in 2020 as investors bid up intermediate and longer-term debt in “safe-haven” trades and to try to capture higher levels of yield.
- The long end of yield curves have adjusted quite a bit to an improved economic outlook and expectations of higher inflation.
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