Significant changes are happening inside the fixed income markets, particularly in how investment managers decide to allocate their investments. Among asset managers, a prominent group is pension funds, which can influence markets given their significant AUM and their political and social consequences.
Mexico’s government-bond curve presents an unusually steep front-to-intermediate structure, but the distinction between a steep macro curve and a locally cheap five-year bond has become increasingly important.
Download PDF Macro overview Can the world’s most privileged issuer face liquidity stress? The U.S. Treasury is considered the most stable market in the world, anchoring global pricing and liquidity conditions. However, 2026 poses an unprecedented challenge for the U.S. Treasury Department. A sizable maturity wall of $9.6tn, accounting for Read more…
Download PDF Introduction Economics and the world economy are peculiar for being so unpredictable. The constant involvement of human beings leads them far from being an exact science. Correspondingly, financial markets are even more uncertain, constantly driven by human behaviour. For this reason, the idea that one very simple predictor Read more…