FYI: Fixed income markets have been a wild ride this year. A record $15 trillion of global bonds have negative interest rates, according to Bloomberg, and even U.S. yields are tumbling to jaw-droppingly low levels. Could the U.S. join Europe and Japan with negative interest rates? Will the Federal Reserve cut rates only a few times, or more deeply than that? And how should investors position their fixed income portfolios in this fast-moving environment?
Those are a few of the questions ETF.com raised with four fixed income experts. Below is part one, which features answers from Michael Arone, chief investment strategist for State Street Global Advisors, and Jon Hill, vice president of U.S. rates strategy for BMO Capital Markets. Part two will publish Monday here.
Regards,
Ted
https://www.etf.com/sections/features-and-news/2-views-are-negative-us-rates-coming?nopaging=1