Fixed Income Insight
28 min
Five Key Themes for the Second Half of the Year
August 2025
Global markets in 2025 face policy uncertainty and macro volatility. Fixed income offers de-risking potential, while EM local currency debt benefits from US dollar pressure. Private credit faces challenges.
How We Invest
Our Active 360° Fixed Income Approach
We believe our active fixed income approach is key to navigating today's challenging bond market and adding long-term value. Our fixed income investment process combines collective expertise, long-term discipline and risk management to capitalize on changing market dynamics.
The fixed income investment team works closely with the equity and quantitative teams, sharing information and debating ideas. We assess the opportunity set as it changes and position our funds’ holdings, for the long-term, which benefit from durable credit fundamentals and attractive valuations. We take on risk intentionally when we believe we are being compensated appropriately and reduce it when we don’t.
-
The Big Mac
The Big Mac
The Big MacValuation: Why it Still Matters in Today’s Stock Market
November 14, 2025Insight exploring the importance of valuation as the foundation for durable long-term returns and effective risk management. It emphasizes the importance for disciplined and selective investing, particularly in today's high-valuation market environment influenced by factors like technological advancements and market sentiment.The Big Mac10 minThe End of the Strong Dollar Cycle
September 22, 2025Here we discuss the projected weakening of the US dollar due to macroeconomic factors, interest rate trends, and global diversification shifts. Highlights include both the short-term risks to the dollar and its long-term resilience as the primary reserve currency.The Big Mac7 minThe Silent Engine of Equity Markets: Why Consumer Health Matters More Than Ever
July 29, 2025The health of the consumer is arguably the single most important factor driving equity market performance in developed economies today. From retail giants like Walmart and Amazon to tech innovators like Apple and Tesla, consumer spending directly impacts corporate earnings, sector performance and overall market sentiment. For sophisticated investors, understanding the consumer’s role is essential — not just for identifying risks, but also for uncovering opportunities in an evolving economic landscape.
-
Related Strategies
Fixed Income Insights
Fixed Income InsightFixed Income Under the Spotlight: Navigating the Fixed Income Valuation Conundrum
November 14, 2025Co-CIO of Fixed Income Pilar Gomez-Bravo shares her thoughts on uncovering opportunities in the face of macro uncertainty and valuation challenges, why spreads may be stretched and how to position portfolios.Watch7 minUS Multi-Sector Video | MFS Active Fixed Income Solutions
November 4, 2025See how MFS’ US Multi-Sector team leverages active allocation, fundamental research, and strong valuation discipline to align strategies with diverse investor objectives.Watch4 minMFS US Credit Video | MFS US Credit Fixed Income Investing
November 4, 2025Watch how the MFS US Credit team leverages active security selection, long-term perspective, and prudent risk oversight to pursue durable returns for clients.
The Big Mac
The Big Mac
Valuation: Why it Still Matters in Today’s Stock Market
November 14, 2025
Insight exploring the importance of valuation as the foundation for durable long-term returns and effective risk management. It emphasizes the importance for disciplined and selective investing, particularly in today's high-valuation market environment influenced by factors like technological advancements and market sentiment.
The Big Mac
10 min
The End of the Strong Dollar Cycle
September 22, 2025
Here we discuss the projected weakening of the US dollar due to macroeconomic factors, interest rate trends, and global diversification shifts. Highlights include both the short-term risks to the dollar and its long-term resilience as the primary reserve currency.
The Big Mac
7 min
The Silent Engine of Equity Markets: Why Consumer Health Matters More Than Ever
July 29, 2025
The health of the consumer is arguably the single most important factor driving equity market performance in developed economies today. From retail giants like Walmart and Amazon to tech innovators like Apple and Tesla, consumer spending directly impacts corporate earnings, sector performance and overall market sentiment. For sophisticated investors, understanding the consumer’s role is essential — not just for identifying risks, but also for uncovering opportunities in an evolving economic landscape.
Fixed Income Insights
Fixed Income Insight
Fixed Income Under the Spotlight: Navigating the Fixed Income Valuation Conundrum
November 14, 2025
Co-CIO of Fixed Income Pilar Gomez-Bravo shares her thoughts on uncovering opportunities in the face of macro uncertainty and valuation challenges, why spreads may be stretched and how to position portfolios.
Watch
7 min
US Multi-Sector Video | MFS Active Fixed Income Solutions
November 4, 2025
See how MFS’ US Multi-Sector team leverages active allocation, fundamental research, and strong valuation discipline to align strategies with diverse investor objectives.
Watch
4 min
MFS US Credit Video | MFS US Credit Fixed Income Investing
November 4, 2025
Watch how the MFS US Credit team leverages active security selection, long-term perspective, and prudent risk oversight to pursue durable returns for clients.