Warsh’s focus on inflation fuels rate hike expectations and drives real rates higher

Prospects of the end of the US-Iran war and the Strait of Hormuz reopening support bond markets

Rising rates weight again on bonds’ performance while Corporate and EM spreads remain tight

Yields drop on lower oil prices

Global rates surge and weigh on bond markets across the board.

Global rate markets are driven by oil price fluctuations while credit and EM debt remain very resilient

Higher rates pushed by inflation fears and hawkish central banks, but resilient credit and EM spreads

Fixed Income markets face downward pressures from higher inflation expectations

Fixed Income markets extend their April rebound, still driven by strong EM debt performance

EM debt and Credit markets post a solid rebound, government bonds still face headwinds