YOU ARE INVITED TO THE EXCLUSIVE LUNCHEON
"The Energy Price Shock & Fixed Income Markets"

Since 1949, BCA Research has delivered independent macro research to institutional investors worldwide. Our clients range from central banks to family offices. We track over 215,000 data series across economies and asset classes. That scale lets us connect global rate cycles directly to local markets like India's.

Join Robert Timper, Chief Global Fixed Income Strategist at BCA Research, for this exclusive lunch discussion. He applies his global rates framework directly to India. Is this year's FPI bond rush structural or fragile? What does Fed–BoJ divergence mean for INR assets?

Discussion topics:

• Rate Hikes Not Necessary: Oil prices in the $80s don’t force central banks to hike. What matters is how inflation expectations behave. In that regard, the BoE is most vulnerable, followed by the ECB and lastly the Fed.
• Carry Is King: Mostly unchanged policy rates imply low interest rate volatility. In a low interest rate volatility environment, carry is king. We discuss where we see the best risk-adjusted opportunities across spread product.
• Worry About Fed Hikes In 2027, Not 2026: Outside of the energy shock, inflation trends point to lower inflation this year. The risk for sustained rate hikes stems from a tightening labor market.
• Falling Behind The Curve: Japan’s debt reduction strategy is hitting its limits. The BoJ is at risk of falling behind the curve as the economy and inflation are running hot.
  

Speaker:

Robert Timper, Chief Global Fixed Income Strategist

Robert Timper leads global fixed income strategy at BCA Research, where he is the firm’s foremost voice on interest rate and credit market dynamics worldwide. Since joining in 2021, he has been instrumental in advancing the Golden Rule framework, a cornerstone of BCA’s approach to global rates analysis, helping institutional investors navigate an increasingly complex fixed income landscape.