In this weekly insight, we bring the global economy and fixed income markets to you. Macro at a Glance covers the latest developments in growth, inflation, and labor markets, while Policy Picture and Central Bank Snapshot details our outlook for monetary and fiscal policies. Fixed Income Navigator summarizes how our view of the world and financial markets informs and impacts our investment views.
As global central banks continue to raise rates this year, investors are faced with new considerations related to yield, price stability and liquidity following the past two years’ ‘lower-for-longer’ yield environment. We believe investors may want to consider money market funds (MMFs) as an alternative to bank deposits in today’s rising rate environment.