Monthly insights and updates from the Invesco Fixed Income team.
Market conditions have changed markedly since the beginning of the year. Last year’s strong and steady asset performance has given way to much higher volatility. We believe this change has been driven to a large extent by a tightening in financial conditions. However, we believe this shift toward tighter financial conditions will moderate over the next six months. This could mean a more positive environment for risky assets in the second half of the year.
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