Why Bonds Still Matter – and Where Opportunity Lies

The Bloomberg Global Aggregate Bond Index is one of the world’s most widely used benchmarks for global fixed income. With more than 30,000 securities from more than 3,100 issuers, it reflects the breadth and diversity of global bond markets across government, corporate, government-related and securitised debt.

Against a backdrop of rapid change across technology, geopolitics, and demographics, we share our perspectives on the forces shaping global markets today. For long-term investors navigating an increasingly complex world, five key lessons stand out.

Mega IPOs and faster index inclusion rules may reshape liquidity, float, weighting, and execution for index investors and benchmark tracking.

Year-to-date stock market returns have been driven by robust earnings growth. But when assessing the equity outlook, it’s important to ask what’s supporting the strong earnings trend.