EINBLICKE

Higher starting yields and improving credit quality are helping reinforce the case for global short-dated high yield bonds.

Investors are assessing the market implications of the U.S. midterm elections, but history suggests election-driven volatility tends to fade as clarity improves.

Democrats have swept both the House and Senate, reshaping Washington’s balance of power. While early polling had pointed toward a more divided government, with Democrats gaining control of at least one chamber, the broader sweep now gives the party more policy leverage heading into 2027.

When it comes to investing, time matters. While headlines and short-term perspectives can lead investors to try and time the market, investors have historically been rewarded by playing the long game. Rather than overreacting to market noise, investing over longer time periods can help smooth the ride without sacrificing returns. The lesson: stay diversified and invested for the long term.

Checkpoints is a comprehensive monthly chartbook highlighting major top-of-mind themes that could shape financial markets in the near term. In addition to the broader macroeconomic discussion, Checkpoints delivers detailed views on major asset classes, including global equities, fixed income and real assets.

The U.S.’ extraction of President Maduro from Caracas on January 4 could alter the trajectory of geopolitics in the Americas.

BNY's commitment to insight and perspectives comes to life through our investment and market leaders who gather quarterly to debate the key issues shaping markets today.