The shrinking upside in the dollar story
Our research offers three reasons why the dollar’s upside is limited, while the balance of risks increasingly point lower.
Global
From the income desk
Making sense of recent market moves
Amid a volatile geopolitical backdrop, risks relating to the US private market and AI disruption have driven big moves in credit markets this year. Co-head of Developed Market Credit, Justin Jewell, and Investment Director, Jared Cook, discuss these themes and consider how credit investors can navigate them.
19 May 2026
7 minutes
Justin Jewell
Jared Cook
Authored by
Differentiated Fixed Income and Credit – latest insights
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Rethinking defence in credit markets
In a world of tightening spreads, shifting policies, and rising geopolitical tension, credit investors face increasing uncertainty. Ninety One’s co-head of Developed Market Credit, Justin Jewell, and Investment Director Ellie Clapton explore how geographic flexibility and selective positioning are key to navigating today’s evolving market conditions.
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