Invesco Global ex-US High Yield Corporate Bond ETF

The Fed's Neel Kashkari believes that it's likely that the Fed will cut interest rates once in 2024, possibly in December.

Despite a slow start to the year for bonds, fixed income still provides much more yield today than it has in years and will likely get a long-awaited boost when rate cuts eventually come.

Federal Reserve Chair Jerome Powell's recent remarks indicate a delay in rate cuts.

PIMCO CIO Daniel Ivascyn warned there is a strong chance of a significant economic downturn in the U.K. next year. "We do think there's potentially more hard landing risks,” said Ivascyn. “The U.S. economy has proven to be surprisingly resilient in 2023, but the U.K. and Europe risk a more significant deterioration.” Ivascyn was betting mo...

The U.S. jobs market has been hot despite higher rates while U.S. consumers have been resilient despite high inflation.