Outlook 2020: Emerging market debt absolute return

The balance of risk and reward remains attractive in several high yielding EM local debt markets, while EM currencies are well positioned for a strong recovery in 2020.

Outlook 2022: Global credit

Credit investors are facing a more nuanced phase as we head into 2022. Fundamentals are strong, but valuations are elevated and uncertainties are building.

Schroders Live: Central banks’ options, and Q2’s biggest risks

Schroders Live: After an eventful first quarter, Manus Cranny, Bloomberg’s European Markets Editor, caught up with Keith Wade and Gareth Isaac to find out their latest views on the global economy and markets.

Return-free risk

Bonds are at the epicentre of what is a highly fragile environment.

Is the credit spread curve inversion a red flag?

In a development almost never seen, it has become more expensive for companies to borrow short-term than long-term. We assess the implications.

Liability driven investing: alpha matters more than you think

Fed vs vigilantes: why bond markets are hotting up

Bond markets are in a process of transition, and a burgeoning tussle between the Federal Reserve and bond vigilantes could make life interesting in 2021.

Is EM growth due a jab-induced upgrade?

After a slow start, vaccination rates are picking up in emerging markets, which combined with solid fundamentals could push growth forecasts higher.

Has the Evergrande fallout created opportunities in Asian credit?

The travails of Chinese property developer Evergrande should ultimately be contained, but it is a stark reminder of the need to be discerning in the Asian property sector.

What does average inflation targeting mean for investors?

The Federal Reserve has unveiled a new policy framework in the hope of boosting inflation. We assess the implications for bond markets.

Why we see income opportunities emerging in Asian corporate bonds

Market turbulence has produced attractive income opportunities in Asian corporate bonds against a still positive economic backdrop in the region.

Should investors take notice of the slowdown in bank lending?

We ask if the recent US bank lending slowdown is just a blip, or the start of something more sinister.

US fixed income and ESG: which road should you take?

Is doing good incompatible with pursuing investment performance? Here David Knutson gives his take on this and other questions investors need to consider when incorporating ESG.

What ETF flows say about emerging market debt opportunities

Outflows from the world’s largest passive emerging market debt ETF appear to be bottoming – is this an opportunity for investors?

Why corporate bonds are no longer boring

Following the recent market moves it is time to think again about corporate bonds.

Why the downgrading of banks is unfair – and may worsen the crisis

Credit ratings agencies are downgrading banks. They fail to recognise big ESG improvements in the industry and will potentially worsen the Covid-19 crisis.

What happens once interest rates lift off?

Expectations that the Federal Reserve (Fed) will raise interest rates have increased markedly following the October Federal Open Market Committee (FOMC) meeting, but what does this mean for bond investors?

How rising interest rates have affected returns from bonds

Schroders research, covering four decades of data, shows how different types of bond have performed when rates were rising.

Five key developments in EM debt in the coronavirus crisis

We picked out five important developments in emerging market debt during the coronavirus pandemic, and look at what it will take for markets to stabilise.

Is monetisation the only ammo left in the BoJ’s arsenal?

Ahead of the Bank of Japan's (BoJ) next meeting, we believe that monetisation is fast becoming the only option left to ensure Japan's economy doesn’t enter another lost decade.