FBND: Holding, Watching Term Premium

Core Insights - The current macroeconomic environment is influenced by interest rate trends, fiscal dominance and risk, and inflation, which are critical in determining the performance of fixed income markets [1]. Group 1 - Interest rate trends are a significant factor affecting financial markets, impacting investment decisions and market liquidity [1]. - Fiscal dominance and associated risks play a crucial role in shaping market expectations and investor behavior [1]. - Inflation remains a key concern, influencing both consumer spending and investment strategies [1].