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.
Past the RMB7 per dollar mark
Tariff tensions and global slowdown key factors
How history can provide answers to today's tariff stand-off
Trump's tariff threats could backfire on US citizens
US 30-year Treasury plunges to record low
In May, risks of a trade shock sharply rose following US President Donald Trump's increasingly aggressive rhetoric towards China.
In the first half of 2019, the uncertainty surrounding Federal Reserve policy and US-China trade negotiations affected the outlook for all asset classes including global small-cap stocks.
Concerns amid continues tensions