First Quarter 2023 Market Outlook
PGIM Fixed Income's First Quarter 2023 Market Outlook
PGIM Fixed Income is an active global fixed income manager bringing scale, stability, and broad capabilities to the pursuit of consistently strong, risk-adjusted returns.
Kaustub Samant and Mike Collins review the current state of the residential real estate market.
A discussion on the importance of biodiversity and the successes and misses of COP15 with special guests from Planet Tracker.
Early 2023 has brought a more favorable backdrop for municipal bonds, prompting investors to consider whether the market rally is sustainable or just a bear market bounce.
Bolstered by broadening expectations for moderation in growth and inflation data, the Fed's February meeting reignited the market's search for yield and fueled the rally in risk assets.
Leveraged loan yields have recently begun resetting higher alongside the sharp rise in base rates and now offer a compelling pickup in yield over most other fixed income asset classes.
Past performance is not a reliable indicator of future results. There is no guarantee that objectives will be met. All investments involve risk, including possible loss of capital.
Source of data (unless otherwise noted): PGIM Fixed Income.
Note: Client information as of September 30, 2022. Staffing as of September 30, 2022. Assets under management (AUM) as of December 31, 2022 and are based on company estimates and are subject to change. PGIM Fixed Income’s AUM includes the following businesses: (i) the PGIM Fixed income unit within PGIM, Inc, located in the USA; (ii) the public fixed income unit within PGIM Limited, located in London; (iii) PGIM Netherlands B.V. located in Amsterdam; (iv) locally managed assets of PGIM Japan Co., Ltd. (“PGIM Japan”), located in Tokyo; and (v) the public fixed income unit within PGIM (Singapore) Pte. Ltd., located in Singapore.