Corporate Bonds Could Be 2023 Fixed Income Stars
Investment-grade corporate bonds could shine this year in the fixed income arena, potentially lifting dozens of related ETFs in the process.
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Investment-grade corporate bonds could shine this year in the fixed income arena, potentially lifting dozens of related ETFs in the process.
Time will tell if 2023 is finally the year in which international stocks get their respective acts together and show signs of life.
A prospect of more policy support in China is overriding weaker-than-expected activity gauges, while Brazil’s solid macro indicators are overlooked due to policy concerns.
Stronger employment indicators in the U.S. challenge the market rate expectations. Upside inflation surprises and policy concerns play a similar role in EM.
Relative to developed markets, emerging markets responded quicker to inflation, remain in better shape financially, and benefit from higher commodity prices.