US Fed chairman, Jerome Powell, recently described the conventional approach to setting US interest rates as "navigating by the stars".
So developments in the economy are assessed in relation to their long-run, neutral or normal levels to provide a signal for interest rates. For example, the long-run potential growth rate of the economy,...
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
Latest Incisive Works research
In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
How are VCTs and EIS products doing?