Central banks, notably the US Federal Reserve (Fed), are expected to lower interest rates in the closing months of 2024, which will inevitably affect fixed income markets. At Fidelity International, we think that income-seeking bond investors will, therefore, need to reassess their allocations to the asset class and position their portfolios for a shifting policy landscape.
- Policymakers need to be forward-thinking and adjust borrowi...

By Hyun Ho Sohn, Portfolio Manager
Surie Radhika, Investment Director
We have seen increased volatility in markets as a confluence of changing expectations on economic growth, interest rates and mega-cap technology earnings in the US (combined with an unwinding of a Japanese yen carry trade in Japan) have shaken investor confidence. Market volatility has been exacerbated by the unwinding of a crowded trade, hedge fund de-risking and passive moves.
Looking at te...