Advanced fastened revenue markets supply loads of rewards

Trillions of U.S. {dollars} of debt: The place are the alternatives?

In its 2025 fastened revenue outlook, Morgan Stanley wrote that, “The fastened revenue panorama presents a posh interaction of macroeconomic circumstances, sector-specific dynamics, and geopolitical uncertainties.” Since then, the fastened revenue world has turn into much more advanced. Discover the insights beneath that can assist you navigate this.

International Debt Report 2025 (OECD)

International debt markets are going through a change impacting the very construction of financial exercise the world over.

The Case for Convertible Bonds in an Insurance coverage Portfolio (Manulife IM)

For compliance causes, this paper is simply accessible in sure geographies

Convertible bonds are a sort of debt safety that may be transformed into a hard and fast variety of shares of the issuer’s widespread inventory at a predetermined value.

EM Debt Restructurings: A Yr of Resilience and Innovation (MetLife IM)

An in-depth and pragmatic piece on the long run fortunes of EM debt, this report is a must-read for fastened revenue buyers.

Past Misconceptions: Why Asia-Pacific Funding Grade Is a Hidden Gem (KKR)

For compliance causes, this paper is simply accessible in sure geographies

APAC shouldn’t be a monolith. Its economies transfer at completely different paces, creating diversification advantages for international buyers.

Fortifying Portfolios with Personal Actual Property Credit score (Brookfield)

Personal business actual property credit score is in excessive demand across the globe. Discover out what this asset class has to supply buyers.

Rethinking Financial Coverage (Institute of Financial Affairs)

The Financial institution of England’s failure to anticipate inflationary developments has undermined belief in its decision-making.

What’s Subsequent for EM Debt? 8 Inquiries to Think about (William Blair)

Importantly, fundamentals of the EM monetary sector stay optimistic, with rising rates of interest solely having a restricted affect on asset high quality.

Potential Alternatives and Dangers of Personal Credit score (S&P Dow Jones Indices)

Personal credit score includes prolonged lock-up durations (usually seven to 10 years) and illiquidity, limiting buyers’ capability to exit positions.

Views On Personal and Liquid Credit score 2025 (Antares Capital)

The U.S. financial system continues to exhibit energy as we enter 2025, reinforcing the view that the Fed might be profitable in attaining a smooth touchdown.

Would You Moderately Lend to the U.S. Authorities or Microsoft? (DoubleLine)

Is the fiscal state of the U.S. authorities getting a lot worse than it’s anticipated? This paper argues that it’s.

Will Asset Managers Sprint for Money? (Financial institution of Canada)

Adjustments to the regulation of asset managers might cut back their exposures to liquidity dangers which have been rising lately.

Utilizing Inflation Information for Systematic Gold and Treasury Allocations (Quantpedia)

This research investigates the intricate relationship between inflationary pressures and the valuation of key monetary property, particularly gold and treasury bonds.