Fixed Income Global Fixed Income Strategy Monthly Report | March 2026
Invesco Fixed Income
March 17, 2026
Fixed Income Global Fixed Income Strategy Monthly Report | March 2026
Global Fixed Income Strategy Monthly Report
Get an analysis of important drivers of global fixed income markets, including macroeconomic trends, interest rates, currencies, and credit, in our monthly global strategy report.
In this edition:
Global macro strategy
How a weaker US dollar and improving emerging market (EM) macro fundamentals are creating a supportive backdrop for EM debt performance.
Global credit strategy
Artificial intelligence (AI) disruption fears have driven an indiscriminate selloff in software, but investment grade and high-yield software exposures are limited.
Interest rate outlook
US: We’re underweight US rates as we expect US growth to strengthen.
Europe: We’re neutral on European rates as inflation remains subdued.
Currency outlook
US: We’re underweight the US dollar based on our outlook for weaker US investment returns.
Europe: We’re overweight the euro based on the prospects for improved European economic performance.
Opportunities in frontier debt
Interesting opportunities in local frontier debt, following our EM strategist’s recent trip to Africa.
Related insights
Important information
GL5281927
Investment risks:
The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.
This is marketing material and not financial advice. It is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication.
Views and opinions are based on current market conditions and are subject to change.
Leaving Invesco.com
This link takes you to a site not affiliated with Invesco. The site is for informational purposes only. Invesco does not guarantee nor take any responsibility for any of the content.
Americas_United States_Invesco US