The document discusses the outlook on US fixed income, focusing on themes such as the terminal Funds rate, term premium, and the Fed's role in rate normalization. It highlights the stable nominal GDP growth rate of around 3.85% over the past five years and questions the sustainability of labor market strength and productivity growth. The document also notes the decline in corporate profits in 2014 compared to 2013.
documents/vol00010-efta01457186-pdf.pdf
{"title":"US Fixed Income Weekly","document_date":"2015-03-27","document_type":"tabular","key_organizations":["Bloomberg Finance LP","Deutsche Bank","Fed","Deutsche Bank Securities Inc."],"reference_numbers":["DB-SDNY-0116612","SDNY_GM_00262796","EFTA01457186"]}