July 2019 Fixed Income Outlook in 5 Charts
July 26, 2019 at 13:46 PM EDT
By Sage Advisory 1. Slowing U.S. data and risks abroad, particularly trade, give the Fed the green light to cut rates. The market has priced in this expectation, with 4 cuts expected in the next 12 months. 2. The demand for U.S. fixed income is supported by the lack of high-quality yield globally....