NDR Fixed Income Allocation Strategy May 2024 Update

The NDR Fixed Income Allocation Strategy, Positioning Update

BY BRIAN SANBORN

Entering May, the fixed income allocation strategy’s sector positioning favors an inflationary environment. The model is overweight U.S. Floating Rate Notes, U.S. High Yield, and International Investment Grade. The model is underweight U.S. Mortgage-Backed Securities, U.S. Long-Term Treasurys, U.S. Investment Grade Corporate, and Emerging Market bonds.

Click the link below to read more about the strategy’s positioning.

Full strategy commentary: NDRFIAS202405031

Other posts

NDR Fixed Income Allocation Strategy February 2024 Update

BY BRIAN SANBORN

The NDR Fixed Income Allocation Strategy, Positioning Update Read more →

China & the European Union Push Back on Trade Talk Progress

BY TEMATICA

Tariffs take their toll on corporate guidance Read more →

Whither US Treasuries?

BY JON WEBB

US growth dynamics remain stronger than many expected. The Federal Reserve seem hell bent on cutting rates but are getting cold comfort from recent data releases, however they attempt to spin it. Recent “off-message” comments from Fed officials underline that risk. If we continue in this vein, expect US rates to ratchet higher and bonds to remain vulnerable. Read more →

Back to all posts →