This podcast episode explores the outlook for global fixed income in 2024. It examines the anticipated surge in fixed income supply, driven by factors such as Quantitative Tightening (QT) and the reduction in central bank balance sheets, and analyzes the impact of this supply increase on yields and the evolving bond buyer landscape. The discussions highlight the shift away from bank portfolios and the expected rise in demand from international investors and US pension funds. Despite the expected increase in supply, it's anticipated that demand will suffice, particularly in the second half of the year when central banks are expected to ease rates and volatility normalizes.
