While we see a more “moderate” economic path ahead, political upheaval and re-emerging deficit concerns will likely prolong the range-bound conditions for long-term interest rates. Yield stability may feel like a pedestrian outlook concept, but it remains one of the key components behind the strategic, asset-allocation case for bonds. Explore our Q3 Outlook for a bond market overview, an assessment of the global macroeconomic landscape, a spotlight on biofuels, and sector outlooks in which our portfolio managers highlight the risks and opportunities within their respective asset classes.