Spanning more than 30,000 securities across government bonds, corporate credit and securitised markets, the Bloomberg Global Aggregate Bond Index offers a broad snapshot of global fixed income.

All eyes were on Kevin Warsh’s debut press conference as Fed chair, which confirmed a “hawkish tilt” at the central bank.

Inflation has fallen from its post-pandemic peaks, but the underlying story may have dramatically changed. In this paper, we argue that disinflation has stalled and that markets may be underestimating a structural shift to a more inflationary world.