Where we are in the credit cycle
Why exposure to duration can be important during this credit cycle.
China’s economic evolution
There has been a huge shift from manufacturing to services in China in recent years, and the economy continues to transition away from growth driven by fixed-asset investment, to consumption-focused growth, particularly through consumer services.
Markets & Economy
Who's afraid of inverted yields?
Once lionized as a key economic predictor, the inverted yield curve is less reliable than current headlines might suggest, says Shamik Dhar, chief economist, BNY Mellon Investment Management.