Fixed Income and Treasury - Articles & White Papers

The ELTIF 2.0 regulation creates new opportunities to invest in private assets using an open-ended fund structure, aiming to help democratise investments.

Governments, businesses, and consumers all took advantage of a decade of free money. Bond markets are now multiple times larger than before the Great Financial Crisis, having soared to record levels.

2024 is an election year in the US, and ritual obliges that we offer our views on the global economy and global financial markets based on the potential outcomes.

Markets responded positively to the Fed rate cut, but uncertainty persists.

Fed rate cuts mean Treasury bill yields may fall. Investors may need to take another look at their cash allocations.

Take a look at how the iBoxx LSF USD African Sovereigns tracks the African debt market, a region that includes promising demographics, GDP growth trajectory, and abundant natural and human resources.

As the financial landscape continues to evolve, investors are constantly seeking new opportunities to diversify their portfolios and generate attractive returns. One such investment that has gained significant attention in recent years is Collateralized Loan Obligations.

In this paper, Invesco analyzes recent trends around economic and financial dollarization and de-dollarization in Asian countries relating to trade settlement and financial activities.

U.S. senior loans have shot into prominence since the U.S. Federal Reserve began hiking rates in 2022. Investors have taken notice of the attractive returns and remarkably low volatility provided by the asset class. While this market has grown to $ 1.4 trillion in size, it remains relatively misunderstood and under-owned by…

The global green economy, a market providing climate and environmental solutions, has expanded considerably over the last decade, representing a significant investment opportunity. Following a notable decline in 2022, it made a strong recovery in 2023, with market capitalisation reaching US$7.2 trillion in Q1 2024.

Today’s structured credit market is characterised by a diverse range of asset types and instruments. These can be accessed through both public and private markets.

Explore recent developments in commodity prices through the lens of five themes.

Looking ahead to the year’s final stretch, rising global uncertainties have prompted us to downgrade two strategies to neutral. However, with supportive fundamentals, the overall outlook remains positive.

The sharp spike in bond yields in 2021 and 2022 shattered the myth that traditional fixed income only ever generates positive returns. At the same time, a return to normal bond yields reestablished the long-term return potential of traditional fixed income. But is there a way to mitigate drawdowns in fixed income while…

How do investors allocate in a late cycle tight spread market environment? Explore how we seek to take advantage of the whole fixed income toolkit, using multiple diversified sources of return to create the flexibility to respond to changing opportunities.

While price moves are notoriously difficult to predict, risk can be forecast with greater accuracy.

Sukuks, often referred to as Islamic bonds, are financial instruments that comply with Islamic law also known as Shariah. Unlike conventional bonds, which involve interest payments on a loan, Sukuks represent ownership in tangible assets, services, or an investment in a particular project or business venture. Shariah…

The stage is set for a thrilling finale of 2024. The Fed waited for the disinflation trend to become clear, even as unemployment was picking up. Did they wait too long?

Progress on the UN’s 17 Sustainable Development goals is lagging. With the target date of 2030 looming, less than a fifth of the goals are on track. With vital work still to be done, fund managers have an opportunity to address these critical gaps and accelerate progress. Mario Eisenegger, ESG bond manager outlines the role…

How large is the addressable market? Our new estimates suggest specialty finance is a $5.5 trillion asset opportunity in the United States alone, where private credit today has less than a 5% share.