REPORT
Fixed income amid shifting rates
Global fixed income markets came under renewed pressure in as government bond yields rose sharply across developed markets and credit spreads weakened. Higher rates drove broad losses across core bond markets, with the Bloomberg US Aggregate Index posting its weakest quarter since Q3 2022.
Yet the repricing has pushed yields materially higher across major fixed income sectors, creating a stronger income foundation heading into the final quarter of 2026.
Key report highlights:
- US Aggregate fell 3.51% as its yield climbed more than 80 basis points
- Municipal bonds declined 6.35% while lower-duration leveraged loans gained 2.06%
- Higher starting yields provide a substantially larger income cushion entering Q4
Download the report now to explore how rising yields, shifting spreads and higher income are reshaping global fixed income markets heading into year-end.
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