Introducing the Templeton Emerging Markets Fund
A core emerging markets equity building block

The US Treasury market is entering a new era. Financing government debt is becoming less about capital availability and more about the yield required to attract it.

History suggests that the Fed’s first hike is not the problem; overly aggressive tightening is. Markets have generally absorbed rate-hiking cycles well, with volatility creating opportunities for long-term investors.

The inflation outlook deteriorated, while growth remained resilient despite weakening household purchasing power, according to Franklin Templeton Fixed Income. AI-related investment continued to support industrial activity, though the expansion became more dependent on narrow growth drivers.