Macro Matters: Global Asset Allocation With Stephen Dover

An episode of the FICC Focus podcast, hosted by Bloomberg Intelligence, titled "Macro Matters: Global Asset Allocation With Stephen Dover" was published on November 20, 2025 and runs 20 minutes.

November 20, 2025 ·20m · FICC Focus

Summary

Policy rates will likely be cut three times in 2026, with the 10-year yield between 4-4.5%, says Stephen Dover, chief market strategist at Franklin Templeton. Dover is joined by BI chief US rates strategist Ira Jersey and senior US and Canada rates strategy associate Will Hoffman to discuss global fixed-income markets and cross-asset relative value. The trio discuss the economic outlook for 2026 and relative value in US rate markets and abroad amid expected policy easing from the Federal Reserve. They also hit on shifts in private assets and global equity markets, before discussing how AI narratives may evolve in the coming years.  The Macro Matters podcast is part of BI’s FICC Focus series.

Episode Description