Emerging market (EM) local currency debt looks set to extend gains in early 2020, as contained trade war fears and ample liquidity sustain investors' hunt for yield.
Which areas should investors pay attention to?
Why monetary policy has failed so far
All eyes on the ECB
After a volatile Q4 2018 when credit spreads widened but government bonds rallied due to safe-haven flows, fixed income markets across different categories have delivered strong returns so far this year.
Thawing of geopolitical tensions behind positive outlook
Fiscal stimulus could be 'down to governments'
On cusp of 'radically new chapter'
The headwinds and tailwinds to look out for in 2020
It has been a strong showing for European equities in recent weeks, with the European Central Bank (ECB)'s policy action – and the rate cut in the US – all helping to lift shares higher.
On the lookout for wide valuation discounts
What does Christine Lagarde, as ECB president, need to do to tackle Europe's stagnant growth? (Part II)
Second instalment of our special Big Question
What does Christine Lagarde, as ECB president, need to do to tackle Europe's stagnant growth? (Part I)
The Big Question on the central bank's newly appointed head
2019 has been a stellar year for global bond markets, as weak global economic growth and low inflation have combined with ever more accommodative central banks to push global bond yields significantly lower.
The world’s economies are at different stages in the business cycle.
Global manufacturing continues to contract as trade falters. The Trump administration’s attempts to overhaul trade agreements are cooling sentiment and raising global uncertainty.
Could 2019's markets see a repeat of Wall Street in 1929?
Recession due but will be relatively mild
QE to restart on 1 November
Investment Conundrums: Aegon's Van den Heuvel on why 'Janus-faced' economic outlook means equity upside is limited
Having a diversified portfolio could soften blows in volatile market
Most fixed income has performed well in 2019 aided by the change in outlook from many central banks around the world and the gross redemption yield (GRY) on many bonds have fallen to very low or negative levels.
European equity markets have struggled to perform since the start of 2018 owing to the relaunch of trade wars by US President Trump, coupled with uncertainty surrounding Brexit.
Monetary stimulus merely postponing the inevitable
Despite a recent sell-off, $17trn in global bonds trade with a negative yield.