Inflation Expectations Hold Firm Amid Tariff Noise
May 13, 2025 — Despite the announcement of new tariffs, long-term inflation expectations—as measured by the 5y5y inflation rate—have remained stable. This rate, which reflects expected average inflation over a five-year period starting five years from now, is a key indicator of market sentiment on long-term inflation and is typically derived from TIPS or inflation swap markets.
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Fixed Income
The Two-Faced Economy: Strong Data Amid Shaky Sentiment
May 6, 2025 -- The current geopolitical climate has injected an extra dose of unpredictability for economic participants, as investment and consumption decisions for everyone...
Fixed Income
Fixed Income Perspectives — May 2025
May 5, 2025 -- This presentation provides an overview of our market outlook and key themes, and it illustrates how Sage is positioned in the current environment.
Fixed Income
The Ripple Effects of the US/China Trade Embargo
April 29, 2025 -- In an interview last week, Treasury Secretary Scott Bessent characterized the trade situation with China as "unsustainable," pointing to possible relief...