A key theme this year is the prospect of US Fed rate cuts in the year ahead. But with the latest data showing that inflation is still stickier than expected, a May rate cut seems to be off the table. The latest inflation numbers also erased the last remnants of a global bond rally that started in December with the hope that the Federal Reserve had finally pivoted to favour interest-rate cuts. So what’s the outlook on fixed income markets now? How will fixed income markets perform compared to other asset classes? On Money in the Market, Hongbin Jeong speaks to Kheng Siang Ng, Asia Pacific Head of Fixed Income at State Street Global Advisors, to find out more. 

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