Half of fixed income investors predict end of economic cycle by 2021

Invesco research

Just under half of fixed income investors predict the current market cycle will come to an end within two years, according to Invesco research.

Invesco's Global Fixed Income Study found 49% of fixed income investors expect the economic cycle to end by 2021, while 27% of investors believe the almost decade-long bull market will see its end within a year. S&P: Next global credit downturn 'may be inevitable' as debt skyrockets The survey of 145 fixed income specialists and CIOs across EMEA, North America and Asia Pacific with combined AUM of $14.1tn also found wholesale investors were more bearish than their institutional counterparts with 65% expecting the cycle to end within two years. From a regional perspective, North Ame...