With COVID-19 surging again in early 2022, normalcy feels further away than ever. However, as central banks respond to inflation, policy normalization is likely, but it will not be a coordinated approach.
Source: Bloomberg Finance L.P. as of January 6, 2022. Past performance is not a reliable indicator of future performance.
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1 State Street Global Advisors, as of September 30, 2021.
2 State Street Form 10-K, as of December 31, 2020. The fixed income flows and holdings indicators produced by State Street Global Markets — the investment, research and trading division of State Street Corporation — are based on aggregated and anonymized custody data provided to it by State Street, in its role as custodian. State Street Global Advisors does not have access to the underlying custody data used to produce the indicators.
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