Four graphs explaining... fixed income

A fund manager, multi-asset manager, fund picker and economist picked graphs that detail what is happening to inflation, how the bond markets are reacting and bright spots in the market for investors.  Michael Cross, CIO Fixed Income, HSBC Asset Management The difficult near-term growth/inflation trade-off is rightly concerning fixed income investors, and it will be some time before the uncertainties fade. But, taking a step back, medium-term inflation expectations remain anchored, while real rates - and credit spreads - have risen as monetary policy is finally normalising: QE has ...