News Digest:

U.S. core inflation is likely to come in at between 2.5% and 3.5% this year, according to more than 66% of 60 top fixed income and currency fund managers surveyed in the first quarter.

Takeaway:

Reaffirming the buy-side anticipation of persistently high inflation over the near term, the survey revealed that a majority of respondents expect the Federal Reserve to tighten its monetary policy significantly in 2022 through multiple interest-rate hikes.

End Notes

Source: https://seekingalpha.com/article/4496056-q1-2022-fixed-income-survey-inflations-grip-tighter-than-expected