6 FOR 2026
Essential Questions for Investors
In our annual outlook, investment and market leaders across BNY
tackle six key questions we believe will define the year ahead.
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Income-based returns are back, and investors no longer need to risk equity-type drawdowns or sacrifice liquidity to achieve their investment objectives. In our view, it is an opportune time to increase fixed income allocations.
Cathy Braganza, senior portfolio manager at BNY Investments, explains why tightening spreads with high yields create a potentially attractive risk-return balance for credit investors.
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.
Leaders rotate in and out. No single fixed income sector consistently dominates performance over time, and strong performance in one sector rarely carries over from one year to the next. For example, U.S. Treasury bills led in 2018 and 2022 but are one of the weakest performers year-to-date.
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