June 03, 2021
Up, Up and Away?
Inflation is moving higher, but we believe it’s a more fleeting narrative as the economic recovery progresses. We expect inflation will likely settle out higher than it was before, at over 2%, instead of the sub-2.0% of the past decade. Given this backdrop, GIM Director of Fixed Income Rob Daly and Portfolio Manager Stacey Gilbert discuss the impact of inflation within fixed income and on portfolio construction.