Half of fixed income investors predict end of economic cycle by 2021

Invesco's Global Fixed Income Study found 49% of fixed income investors expect the economic cycle to end by 2021, while 27% of investors believe the almost decade-long bull market will see its end within a year. The survey of 145 fixed income specialists and CIOs across EMEA, North America and Asia Pacific with combined AUM of $14.1tn also found wholesale investors were more bearish than their institutional counterparts with 65% expecting the cycle to end within two years. From a regional perspective, North American investors expect the end to come even sooner than two years, while AP...