We expect US interest rates to be range-bound in the first half of 2018, but with a risk of higher yields in the second half. Our rates view is driven by our analysis of growth, inflation and monetary policy in the US and globally.

Invesco Fixed Income’s macro factor framework provides an understanding of how developments in growth, inflation and financial conditions globally are likely to impact markets.

Invesco Fixed Income shares its views on rates around the world.

Invesco Fixed Income shares its views of rates around the world.

Invesco Fixed Income shares its views of rates around the world

Invesco Fixed Income shares its views of rates around the world.

Invesco Fixed Income shares its views of rates around the world

In December, the US Federal Reserve (Fed) raised interest rates, as predicted, and raised expectations for more increases in 2017. At Invesco Fixed Income, we believe one of the best ways to handle a rising interest rate environment is to have a portfolio diversified across different credit-related asset classes.

Invesco Fixed Income utilizes a framework based on the idea that changes in growth, inflation and financial conditions drive much of market beta performance, and that understanding these “macro factors” can help us understand market conditions and price action.

The US election results bring short-term uncertainty, but policy will be key in the medium term