Fixed Income

Investment analysis for yield and duration-focused investors

Equity Outlook: Middle East War, Energy Shock Test Fragile Markets
  • 13 hours ago

Markets are pricing in a wider range of scenarios as geopolitics and AI reshape the landscape. Global equities declined during a volatile first quarter as the war in Iran roiled energy markets and...

Bond Voyage: Oil shocks without the drama
  • 13 hours ago

The reaction to the latest oil price shock provides further evidence that those countries which have taken steps to strengthen their financial position are being rewarded by bond investors.

EUROPEAN BANK SUBORDINATED DEBT – THE RISK IS VOLATILITY, NOT FUNDAMENTALS
  • 13 hours ago

Middle East tensions, high-profile defaults in private credit, and broader macro uncertainty have fuelled investor concerns around the potential impact on the European banking sector.

Indexing impact bonds: insights into a growing and maturing market
  • 08 Apr 2026

Impact bonds hit $5.3T. Explore GSS bond growth, trends and how indexing improves transparency, comparability and performance tracking.

What sectors are well placed to enjoy real AI gains?
  • 08 Apr 2026

As artificial intelligence investment surges across industries, real progress varies widely. Drawing on conversations with more than 50 European companies, we explore who is truly prepared for AI‑d...

War, supply disruptions – and a modestly pro-risk stance
  • 08 Apr 2026

We reaffirm a modestly pro-risk stance. Global growth should prove resilient if geopolitical conflict remains contained and short-lived, while inflation dynamics become more two-sided. We overweigh...

Oral GLP-1 Is Here. Have Credit Markets Caught Up?
  • 08 Apr 2026

April 08, 2026 Oral GLP-1 Is Here. Have Credit Markets Caught Up?

Leveraged Loan Market Snapshot
  • 08 Apr 2026

Amid growing uncertainty, small market shifts can have large impacts on companies with lower credit ratings like those found in the S&P USD Select Leveraged Loan Index. This index measures the perf...

March 2026 Monthly Periodic Table of Investment ReturnsA monthly update for Callan’s Periodic Table of Investment Returns, covering public equity, fixed income, and real estate.
  • 08 Apr 2026

A monthly update for Callan’s Periodic Table of Investment Returns, covering public equity, fixed income, and real estate.