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2025 Strategic Bonds Outlook

The macroeconomic outlook suggests moderating growth and controlled inflation. However, uncertainty has risen post-US election, with the new administration's policy agenda still unclear. Proposed trade tariffs may initially boost US inflation but could dampen growth modestly. Global impacts may skew negative, widening divergences between the US and Europe, China, and others.

Tags: Aegon Asset Management, Long-Term Outlook, Rates, Credit

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