Fixed Income Outlook in 5 Charts

February 1, 2022 — The three key questions on every fixed income investor’s mind are: 1) Where are interest rates going?, 2) What do fixed income returns look like, both in the short-term and long-term?, and 3) What are the best strategies to be in given these dynamics? The following charts illustrate rates and rate path expectations, as well as return expectations given what we know about previous cycles of increasing interest rates.