Fixed income 5 points podcast - February 2024

A persistent inverted US yield curve, a contraction in money supply and a general increase in interest rates is often a warning sign of recession but the PMI and US payroll data is telling a different story.  Are we still facing a slow down in 2024?

And what can we really tell from the labour market reports?  Are they telling the full story or is there any underlying issue with 2.8 million people reportedly too ill to work?

Jonathan Platt, Royal London Asset Management’s Head of Fixed Income, discusses these questions and more with Ewan McAlpine, Investment Director, as they analyse the key issues that are impacting fixed income markets.