![Fixed income in 2023: Invesco’s flexible approach for navigating market uncertainty](/content/dam/invesco/emea/en/insights/Flexible%20approach%20for%20navigating%20market%20uncertainty%20paul%20jackson.jpg)
Fixed income in 2023: Invesco’s flexible approach for navigating market uncertainty
We share our scenario analysis to help clients navigate an uncertain landscape. Our base case is that inflation has peaked – in which case we favour high yield credit and emerging market assets. Should inflation prove more persistent, with a deeper recession on the cards, then cash and government bonds are the order of the day. Read on for details – and for why we favour investment grade credit in both scenarios.