At Fidelity, our reach extends globally, and our 360-degree view of the market offers advisors an integrated perspective from both fixed income and equity investment professionals. Our team of fixed income portfolio managers are committed to bringing you market insights as a unique benefit of that access.
With monthly commentary keeping you updated on market trends, our fixed income team helps you stay informed so you can stay ahead.
Jeff Moore and Michael Plage: Fixed-income perspectives
April 2023
“‘Beware the ides of March’ seems appropriate this year.”
Jeff Moore and Michael Plage: Fixed-income perspectives
March 2023
“Fixed income plays an important role in an investment portfolio for many reasons, including income, capital preservation and diversification".
Jeff Moore and Michael Plage: Fixed-income perspectives
February 2023
“Inflation is the key known unknown for 2023".
Jeff Moore and Michael Plage: Fixed-income perspectives
January 2023
“To realize the very high annual total return bond scenarios, our macro and sector teams say, a steep and persistent decline in realized inflation is a necessary, although not sufficient, condition.”
Jeff Moore and Michael Plage: Fixed-income perspectives
December 2022
“We have added a significant amount of duration over the month of November, using our elevated cash position as a source of funding.”
Jeff Moore and Michael Plage: Fixed-income perspectives
November 2022
“The good news is that we’re getting paid to wait: yields across fixed income sectors are as high as they’ve been since the peak of the global financial crisis.”
Jeff Moore and Michael Plage: Fixed-income perspectives
October 2022
“For now, as inflation goes, so goes the Fed, and as goes the Fed, so go the markets.”
Jeff Moore and Michael Plage: Fixed-income perspectives
September 2022
“Until we see clear evidence that inflation is approaching the Fed’s target, and the end of the hiking cycle is in sight, we will remain cautious.”
Jeff Moore and Michael Plage: Fixed-income perspectives
August 2022
“For now, our take remains to hold off on bold asset allocation moves in terms of duration and risk sectors.”
Jeff Moore and Michael Plage: Fixed-income perspectives
July 2022
“The market ‘fog’ that has held us back year-to-date is clearing.”
Jeff Moore and Michael Plage: Fixed-income perspectives
June 2022
“Our take is that we are a large chunk of the way through this fog.”
Jeff Moore and Michael Plage: Fixed-income perspectives
May 2022
The total yield offered by many bond asset classes now rival the highest quartile of the past decade.
Green government bonds: The promise and the pitfalls
Green sovereign debt issuance is on the rise and could dramatically improve liquidity and standards across the green bond market as a whole.
Jeff Moore and Michael Plage: Fixed-income perspectives
April 2022
The U.S. bond market is now on its way to a second consecutive negative calendar year return.
Jeff Moore and Michael Plage: Fixed-income perspectives
March 2022
The headwind was a combination of Russia, global inflation and pending central bank action.
Jeff Moore and Michael Plage: Fixed-income perspectives
February 2022
Uncertainty in stocks and bonds has returned to near-COVID levels as the ‘Powell pivot’ enters its second month
Jeff Moore and Michael Plage: Fixed-income perspectives
January 2022
For 2022, multi-sector fixed income strategies, and the associated extra yield, could again be useful while bond investors wait patiently for a big sector opportunity.
Jeff Moore and Michael Plage: Fixed-income perspectives
December 2021
Volatility roared back in late November, a reminder that event risk and portfolio ‘tails’ matter.
Jeff Moore and Michael Plage: Fixed-income perspectives
November 2021
The objective of the team is a reasonable positive return over a 12-month period in as many scenarios as possible, including higher interest rates.
Jeff Moore and Michael Plage: Fixed-income perspectives
October 2021
Low interest rates for long continues to be the overarching bond market theme, despite a recent retracing of U.S. Treasury yields back to their levels at the end of the second quarter.
Jeff Moore and Michael Plage: Fixed-income perspectives
September 2021
A quick snap higher in yields and spreads is not likely.
Adam Kramer: Clearing and clouds for income investors
A multi-asset approach may help you face uncertainty in the second half of 2021.
Jeff Moore and Michael Plage: Fixed-income perspectives
August 2021
Grinding bond markets have arrived, with bonds (grudgingly?) bid across nearly every sector.
Adam Kramer: A false spring for convertible bonds?
Market shifts may make them less appealing. Active managers are finding more attractive income options.