Flash Fixed Income: Guilty by association?
When government finances deteriorate, how much of that risk should be priced into the borrowing costs of otherwise healthy businesses?
Insights Topic
Fixed Income
Portfolio Insights: Asset-Backed Securities – October 2026
TwentyFour Asset Management’s Pauline Quirin reflects on a quarter in which securitised markets remained resilient despite interest rate volatility and growing concerns around inflation.
Portfolio Insights: Investment Grade – October 2026
TwentyFour Asset Management’s Gordon Shannon reflects on a quarter shaped by higher energy prices, persistent inflation and government bond volatility.
Portfolio Insights: Multi-Sector Bond – October 2026
TwentyFour Asset Management’s Felicity Juckes reflects on a quarter shaped by renewed geopolitical tensions, higher energy prices and government bond volatility.
High yield pricing and covenants test investor demand
September’s surge in high yield (HY) issuance tested the limits of investor appetite in an evolving market.
ABS: Why it can pay to stay floating
It has been another strong year for European asset-backed securities (ABS), and securitised markets have looked through the recent rates volatility well, with spreads broadly stable across the capital structure in Q3 2026.
Markets vs. macro: Follow the fundamentals in fixed income
Fixed income investors have had to adjust to a dramatic shift in market conditions as the year has evolved.
InPost puts bondholder protections to the test
E-commerce platform InPost has entered the European high yield (HY) market this week with a new seven-year senior secured bond as part of a €3bn financing package to help fund its acquisition by an Advent led consortium.
Are bond market technicals better than price action suggests?
Looking at the sharp moves in government bond markets in recent days, one would be forgiven for thinking we are seeing some level of forced selling that is pushing valuations lower.
Markets can’t rely on midterms to change course of Iran war
Prediction markets suggest the Democrats are capable of gaining a majority in both the Senate and the House of Representatives at the US midterm elections on November 3, with Polymarket putting the chance of a “sweep” at 64% as of Friday morning.
Flash Fixed Income: Why markets may be wrong on rate hikes
With two-year UST yields at around 4.7%, we think short end yields are offering an attractive potential hedge against both downside growth catalysts and lower oil prices.
The macro trends shaping global markets
Felipe Villarroel delivered the keynote address at TwentyFour Asset Management’s Annual Fixed Income Conference in London on 17 September 2026.