The Bond Market report segments the industry into By Type (Treasury Bonds, Municipal Bonds, Corporate Bonds, High-Yield Bonds, Mortgage-Backed Securities, and more), By Issuer (Public Sector Issuers, Private Sector Issuers), By Sectors (Government Backed Entities, Financial Corporations, and more), and Geography (North America, Europe, Asia Pacific, South America, Middle East).

The yield on US 10 Year Note Bond Yield eased to 4.22% on July 1, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.23 points and is 0.22 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. US 10 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on July of 2025.

The Corporate Bond Market report segments the industry into By Type Of Bonds (Investment-Grade Corporate Bond Funds, High-Yield Corporate Bond Funds, Sector-Specific Corporate Bond Funds), By Investor Type (Institutional Investors, Retail Investors), and By Geography (North America, Europe, Asia Pacific, South America, Middle East). Get historical data covering five years and forecasts for the next five years.

The yield on US 30 Year Bond Yield rose to 4.83% on June 27, 2025, marking a 0.03 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.15 points, though it remains 0.27 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. United States 30 Year Bond Yield - values, historical data, forecasts and news - updated on June of 2025.

Bond Fund Sales Market Outlook

The bond fund sales market size was valued at approximately USD 10 trillion in 2023 and is projected to reach around USD 15 trillion by 2032, growing at a compound annual growth rate (CAGR) of 4.5%. This growth is primarily driven by increasing investor demand for stable and diversified income streams amidst global economic uncertainties. The market size expansion is fostered by factors such as an aging global population seeking more conservative investment options, heightened volatility in equity markets, and favorable regulatory changes supporting bond fund investments.

One of the primary growth factors for the bond fund sales market is the demographic shift towards an aging population, particularly in developed regions such as North America and Europe. As more individuals approach retirement age, there is a heightened need for investment products that offer steady income with reduced risk exposure. Bond funds, known for their relatively stable returns and lower volatility compared to equity funds, serve as an attractive option for this demographic. Additionally, the increasing life expectancy rates globally are pushing retirees to seek long-term investment solutions that can provide consistent income streams over extended periods.

Another significant growth driver is the evolving regulatory landscape that favors bond investments. Governments and financial regulatory bodies in various regions are implementing rules and guidelines that promote transparency and investor protection in the bond markets. These regulatory changes increase investor confidence and make bond funds more appealing to both retail and institutional investors. Furthermore, the introduction of green bonds and other socially responsible investment (SRI) products within the bond fund market is drawing interest from a growing segment of environmentally and socially conscious investors.

Technological advancements and the proliferation of digital investment platforms are also contributing to the growth of the bond fund sales market. Online platforms and robo-advisors are making it easier for retail investors to access and manage bond fund investments with lower fees and greater convenience. These platforms provide investors with tools and resources to make informed investment decisions, thereby increasing the participation rate of individual investors in the bond market. This digital transformation is democratizing access to bond funds and expanding the market's reach across various investor segments.

Regionally, the bond fund sales market exhibits diverse growth patterns. North America and Europe are expected to maintain their dominance due to their mature financial markets and high levels of investor awareness and engagement. However, the Asia-Pacific region is anticipated to exhibit the highest CAGR during the forecast period, driven by rapid economic growth, rising disposable incomes, and increasing investor sophistication. Latin America and the Middle East & Africa regions are also witnessing growing interest in bond funds, albeit at a slower pace, as these markets gradually develop and integrate into the global financial system.

Fund Type Analysis

Government bond funds are a cornerstone of the bond fund market, offering investors a relatively low-risk investment option backed by government securities. These funds have been traditionally appealing to risk-averse investors, including retirees and conservative institutional investors. The demand for government bond funds is amplified during periods of economic uncertainty, as they are perceived as safe havens. The increasing issuance of government bonds to finance fiscal stimulus and infrastructure projects globally is also contributing to the growth of this segment. Moreover, central banks' policies, such as quantitative easing, have increased the liquidity and attractiveness of these bonds.

Corporate bond funds represent a significant portion of the bond fund market, providing higher yields compared to government bonds, albeit with increased risk. These funds invest in bonds issued by corporations to finance their operations and expansions. The corporate bond market is highly dynamic, with companies frequently entering and exiting the market based on their financing needs and credit ratings. The growth of this segment is supported by strong corporate earnings and favorable economic conditions that enhance companies' ability to service their debt. Additionally, the trend towards globalization and cross-border investments is expanding the market for corporate bond funds.

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The Global Green Bonds Market is Segmented by Issuer Type (Sovereigns, Supranationals & Agencies, Financial Corporates, Non-Financial Corporates, and Municipal & Local Authorities), Use-Of-Proceeds Sector (Energy, Buildings, Transport, Water & Wastewater, and More), Bond Format (Senior Unsecured, Asset-backed/Project Bond, Covered Bond, and More), and Geography. The Market Forecasts are Provided in Value (USD).

As of April 16, 2025, the yield for a ten-year U.S. government bond was 4.34 percent, while the yield for a two-year bond was 3.86 percent. This represents an inverted yield curve, whereby bonds of longer maturities provide a lower yield, reflecting investors' expectations for a decline in long-term interest rates. Hence, making long-term debt holders open to more risk under the uncertainty around the condition of financial markets in the future. That markets are uncertain can be seen by considering both the short-term fluctuations, and the long-term downward trend, of the yields of U.S. government bonds from 2006 to 2021, before the treasury yield curve increased again significantly in the following years. What are government bonds? Government bonds, otherwise called ‘sovereign’ or ‘treasury’ bonds, are financial instruments used by governments to raise money for government spending. Investors give the government a certain amount of money (the ‘face value’), to be repaid at a specified time in the future (the ‘maturity date’). In addition, the government makes regular periodic interest payments (called ‘coupon payments’). Once initially issued, government bonds are tradable on financial markets, meaning their value can fluctuate over time (even though the underlying face value and coupon payments remain the same). Investors are attracted to government bonds as, provided the country in question has a stable economy and political system, they are a very safe investment. Accordingly, in periods of economic turmoil, investors may be willing to accept a negative overall return in order to have a safe haven for their money. For example, once the market value is compared to the total received from remaining interest payments and the face value, investors have been willing to accept a negative return on two-year German government bonds between 2014 and 2021. Conversely, if the underlying economy and political structures are weak, investors demand a higher return to compensate for the higher risk they take on. Consequently, the return on bonds in emerging markets like Brazil are consistently higher than that of the United States (and other developed economies). Inverted yield curves When investors are worried about the financial future, it can lead to what is called an ‘inverted yield curve’. An inverted yield curve is where investors pay more for short term bonds than long term, indicating they do not have confidence in long-term financial conditions. Historically, the yield curve has historically inverted before each of the last five U.S. recessions. The last U.S. yield curve inversion occurred at several brief points in 2019 – a trend which continued until the Federal Reserve cut interest rates several times over that year. However, the ultimate trigger for the next recession was the unpredicted, exogenous shock of the global coronavirus (COVID-19) pandemic, showing how such informal indicators may be grounded just as much in coincidence as causation.

Green Bond Market size was valued at around USD 224 billion in 2024 and is projected to reach USD 350 billion by 2030, growing at a CAGR of 8%.

Convertible Bond Market Outlook

The global convertible bond market size was valued at approximately USD 300 billion in 2023 and is projected to reach around USD 500 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period. This growth can be attributed to several factors, including increased demand for hybrid financial instruments that offer both debt and equity characteristics, favorable regulatory environments, and the continued search for higher yield investment opportunities amidst low interest rate scenarios globally.

One of the primary growth drivers for the convertible bond market is the increasing volatility in the equity markets, which has driven investors to seek instruments that offer both downside protection and upside potential. Convertible bonds, with their embedded equity options, provide a unique investment vehicle that meets these needs. Additionally, corporations have found convertible bonds to be an attractive financing option due to lower coupon rates compared to traditional bonds and the ability to convert debt into equity, which can be beneficial in managing their capital structure.

Another significant factor fueling the market's growth is the continuous innovation and customization of convertible bond structures. Financial institutions are developing new types of convertible bonds, such as contingent convertibles (CoCo bonds), which are designed to convert into equity under specific conditions. These innovations address the diverse needs of issuers and investors, enhancing the market's appeal and contributing to its expansion. Furthermore, the regulatory environment in key financial markets has been supportive of convertible bond issuance, providing a conducive framework for growth.

Moreover, the ongoing low-interest-rate environment in many developed economies has been a critical driver of the convertible bond market. Investors, in search of yield, are increasingly drawn to convertible bonds due to their potential for higher returns compared to traditional fixed-income securities. This trend is expected to continue as central banks maintain accommodative monetary policies, thereby supporting the demand for convertible bonds.

Regionally, North America holds the largest share of the global convertible bond market, driven by a robust financial infrastructure and a high level of corporate activity. However, Asia Pacific is anticipated to witness the fastest growth during the forecast period, fueled by increasing adoption of convertible bonds by corporations in emerging markets such as China and India. The dynamic economic environment in these countries, coupled with regulatory reforms aimed at deepening capital markets, is likely to boost the demand for convertible bonds.

Type Analysis

The convertible bond market can be segmented by type into Vanilla Convertible Bonds, Mandatory Convertible Bonds, Reverse Convertible Bonds, and Contingent Convertible Bonds. Vanilla convertible bonds are the most traditional form, offering straightforward conversion terms. Issuers favor these due to their simplicity and established market acceptance. The demand for vanilla convertibles is primarily driven by their balanced risk-reward profile, offering investors both fixed-income and equity upside potential, making them attractive in volatile market conditions.

Mandatory convertible bonds, on the other hand, require conversion into equity at a predetermined date. These bonds are particularly appealing to companies looking to raise equity capital without immediate dilution of existing shareholders. The structured conversion terms provide a predictable path for equity issuance, which can be advantageous for financial planning. Investors are drawn to mandatory convertibles for their higher yields compared to vanilla bonds, compensating for the mandatory conversion feature.

Reverse convertible bonds are more complex instruments that offer higher coupon rates but come with the risk of converting into equity if the underlying stock falls below a certain price. These bonds are typically used by sophisticated investors willing to take on additional risk for higher returns. Issuers benefit from lower costs compared to traditional debt, while investors benefit from attractive yields and potential equity participation. However, the inherent risk profile limits their appeal to risk-tolerant market participants.

Contingent convertible bonds (CoCo bonds) are designed to convert into equity under specific conditions, such as when a company&#0

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Fixed Income Assets Management Market Size 2025-2029

The fixed income assets management market size is forecast to increase by USD 9.16 tr at a CAGR of 6.3% between 2024 and 2029.

The market is experiencing significant growth, driven by increasing investor interest in fixed income securities as a hedge against market volatility. A key trend in this market is the expansion of bond Exchange-Traded Funds (ETFs), which offer investors liquidity, diversification, and cost savings. However, this market is not without risks. Transactions in fixed income assets involve complexities such as credit risk, interest rate risk, and liquidity risk, which require sophisticated risk management strategies. As global investors seek to capitalize on market opportunities and navigate these challenges effectively, they must stay informed of regulatory changes, market trends, and technological advancements. Companies that can provide innovative solutions for managing fixed income risks and optimizing returns will be well-positioned to succeed in this dynamic market.

What will be the Size of the Fixed Income Assets Management Market during the forecast period?

Request Free SampleThe fixed income assets market in the United States continues to be an essential component of investment portfolios for various official institutions and individual investors. With an expansive market size and growth, fixed income securities encompass various debt instruments, including corporate bonds and government treasuries. Interest rate fluctuations significantly impact this market, influencing investment decisions and affecting the returns from interest payments on these securities. Fixed income Exchange-Traded Funds (ETFs) and index managers have gained popularity due to their cost-effective and diversified investment options. However, the credit market volatility and associated default risk pose challenges for investors. In pursuit of financial goals, investors often choose fixed income funds over equities for their stable dividend income and tax savings benefits. Market risk and investors' risk tolerance are crucial factors in managing fixed income assets. Economic uncertainty and interest rate fluctuations necessitate active management by asset managers, hedge funds, and mutual funds. The fund maturity and investors' financial goals influence the choice between various fixed income securities, such as treasuries and loans. Despite the challenges, the market's direction remains positive, driven by the continuous demand for income-generating investments.

How is this Fixed Income Assets Management Industry segmented?

The fixed income assets management industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD tr' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeCoreAlternativeEnd-userEnterprisesIndividualsGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaSouth AmericaMiddle East and Africa

By Type Insights

The core segment is estimated to witness significant growth during the forecast period.The fixed income asset management market encompasses a diverse range of investment vehicles, including index investing, pension funds, official institutions, mutual funds, investment advisory services, and hedge funds. This asset class caters to income holders with varying risk tolerances, offering securities such as municipal bonds, government bonds, and high yield bonds through asset management firms. Institutional investors, insurance companies, and corporations also play significant roles in this sector. Fixed income securities, including Treasuries, municipal bonds, corporate bonds, and debt securities, provide regular interest payments and can offer tax savings, making them attractive for investors with financial goals. However, liquidity issues and credit market volatility can pose challenges. The Federal Reserve's interest rate decisions and economic uncertainty also impact the fixed income market. Asset management firms employ various strategies, such as the core fixed income (CFI) strategy, which invests in a mix of investment-grade fixed-income securities. CFI strategies aim to deliver consistent performance by carefully managing portfolios, considering issuer creditworthiness, maturity, and jurisdiction. Fixed income funds, including government bonds and corporate bonds, offer lower market risk compared to equities. Investors can choose from various investment vehicles, including mutual funds, ETFs, and index funds managed by active managers or index managers. Fixed income ETFs, in particular, provide investors with the benefits of ETFs, such as liquidity and transparency, while offering exposure to the fixed income market. Despite market risks and liquidity issues, the fixed income asset management market continues to be

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United States (IRLTLT01USM156N) from Apr 1953 to May 2025 about long-term, 10-year, bonds, yield, government, interest rate, interest, rate, and USA.

Global Bond market size 2025 was XX Million. Bond Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The yield on China 10Y Bond Yield eased to 1.65% on July 1, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.05 points and is 0.59 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. China 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

Interactive chart showing the daily 10 year treasury yield back to 1962. The 10 year treasury is the benchmark used to decide mortgage rates across the U.S. and is the most liquid and widely traded bond in the world.

Bond Trading Platform Market Outlook

The global bond trading platform market size was valued at approximately USD 21.5 billion in 2023 and is projected to reach around USD 45.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.3%. The rapid growth of this market is primarily driven by increasing digitalization in the financial sector, the necessity for efficient bond trading solutions, and growing demand from both institutional and retail investors.

A significant driver of growth within the bond trading platform market is the continued advancement of financial technologies. The integration of artificial intelligence (AI) and machine learning (ML) algorithms into bond trading platforms allows for more accurate real-time analysis and predictions, enhancing trading outcomes. Moreover, the increasing adoption of blockchain technology for ensuring transparency and security in transactions is also contributing to the market's expansion. These technological advancements not only streamline trading processes but also offer enhanced risk management and compliance capabilities, which are crucial for institutional investors.

Another growth factor is the expanding global economy, which is leading to higher bond issuance by governments and corporations. As economies grow, the demand for capital rises, resulting in an increase in both the supply and demand of bonds. This trend is particularly noticeable in emerging markets where infrastructure projects and industrial expansions are on the rise. Consequently, the need for robust and efficient bond trading platforms has surged, driving market growth. Additionally, the low-interest-rate environment in several major economies has made bonds an attractive investment vehicle, further boosting their trade.

Demographic shifts and changes in investor behavior are also influencing the bond trading platform market. The growing number of retail investors entering the bond market, facilitated by user-friendly online trading platforms, is transforming the market landscape. These platforms provide retail investors with access to a variety of bond products and real-time market data, enabling them to make more informed investment decisions. Furthermore, the trend towards passive investment strategies, such as bond ETFs (Exchange-Traded Funds), is increasing the trading volume on these platforms.

Regionally, North America remains a dominant player in the bond trading platform market due to its advanced financial infrastructure and high adoption of technological innovations. However, the Asia Pacific region is expected to witness the highest growth rate over the forecast period. This growth is attributed to the rapid economic development in countries such as China and India, increased bond issuances, and the rising number of investors in these markets. The regulatory environment in these regions is also evolving to support digital trading platforms, making them more attractive to market participants.

Component Analysis

The bond trading platform market is segmented by component into software and services. The software segment encompasses various types of trading software, including analytical tools, trading algorithms, and user interfaces, which facilitate the trading process. The services segment includes consulting, implementation, training, and support services offered by vendors to ensure the effective deployment and utilization of bond trading platforms. Each component plays a crucial role in the overall functionality and efficiency of the trading platform.

The software segment holds a significant share in the bond trading platform market due to the critical role it plays in enabling efficient and accurate trading operations. Advanced software solutions provide real-time analytics, risk management tools, and automated trading capabilities, which are essential for both institutional and retail investors. The continuous development of innovative software solutions that incorporate AI and ML technologies is further enhancing the capabilities of bond trading platforms, making them more attractive to users. This segment is expected to see robust growth as demand for sophisticated trading tools increases.

The services segment is also crucial for the successful implementation and operation of bond trading platforms. Consulting services help financial institutions and investors understand their specific needs and choose the right trading platform. Implementation services ensure the seamless integration of the trading platform with existing systems, minimizing downtime and operational

Graph and download economic data for 20-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB20YR) from Jan 1984 to May 2025 about 20-year, bonds, corporate, interest rate, interest, rate, and USA.

As of December 30, 2024, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ***** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United States had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

The yield on Japan 10Y Bond Yield eased to 1.40% on July 1, 2025, marking a 0.04 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.11 points, though it remains 0.31 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 10 Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

Convertible Bond Fund Market Outlook

The global Convertible Bond Fund market size was valued at approximately USD 95 billion in 2023 and is projected to reach USD 155 billion by 2032, growing at a robust CAGR of 5.6% during the forecast period. This growth is primarily driven by increasing investor interest in hybrid investment products that offer both equity upside and downside protection, along with rising demand for diversified financial instruments.

One of the key growth factors for the Convertible Bond Fund market is the increasing need for financial instruments that can hedge against market volatility. Convertible bonds provide a unique investment opportunity as they combine the features of both bonds and stocks, offering a fixed income and the potential for equity appreciation. This appeal is particularly strong during periods of economic uncertainty, when investors seek out instruments that offer both security and growth potential. Another significant driver is the aging population in many developed economies, which is driving the demand for stable yet growth-oriented investment products to ensure a steady income stream during retirement.

Moreover, the trend towards sustainable and responsible investing is also boosting the Convertible Bond Fund market. Many funds are now incorporating Environmental, Social, and Governance (ESG) criteria into their investment strategies. Investors are increasingly looking for portfolios that not only provide financial returns but also contribute positively to society and the environment. This shift is creating new avenues for Convertible Bond Funds that align with ESG principles, thereby attracting a broader investor base. Additionally, technological advancements in financial services, such as robo-advisors and AI-driven analytics, are making it easier for retail investors to access and manage convertible bond investments, further driving market growth.

Furthermore, the low-interest-rate environment prevailing in many parts of the world is making traditional fixed-income investments less attractive. Convertible bonds, which offer the potential for higher returns through equity conversion, are becoming a more appealing option for investors seeking better yields. Central banks' monetary policies aimed at stimulating economies have resulted in historically low yields on government and corporate bonds, pushing investors towards convertible bond funds as an alternative source of income. This trend is expected to continue as long as interest rates remain low, further propelling market growth.

Venture Capital Funds play a pivotal role in the financial ecosystem by providing the necessary capital to startups and early-stage companies that exhibit high growth potential. These funds are typically managed by experienced investors who not only provide financial backing but also mentorship and strategic guidance to the companies they invest in. The relationship between Convertible Bond Funds and Venture Capital Funds is particularly interesting, as both seek to capitalize on growth opportunities, albeit in different stages of a company's lifecycle. While Convertible Bond Funds focus on established companies with stable income and growth potential, Venture Capital Funds are more inclined towards high-risk, high-reward scenarios, often investing in disruptive technologies and innovative business models. This dynamic creates a complementary investment landscape where different types of funds can coexist and thrive, catering to diverse investor preferences and risk appetites.

Regionally, North America holds the largest share of the Convertible Bond Fund market, driven by strong financial markets and a high level of investor awareness and participation. Europe follows closely, with significant contributions from countries like Germany, France, and the UK. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by increasing economic development, rising disposable incomes, and growing awareness about investment diversification. Latin America, the Middle East, and Africa are also showing promising signs, although their market sizes are relatively smaller compared to North America and Europe.

Fund Type Analysis

The Convertible Bond Fund market is segmented by fund type into Open-End Funds, Closed-End Funds, and Exchange-Traded Funds (ETFs). Open-End Funds are highly popular due to their liquidity and flexibility. Investors can buy and sell shares of these fun

As the importance of self-care and awareness regarding grooming are rising among individuals, the hair bond multiplier market is anticipated to hold a global revenue of US$ 330 million by 2033. The market value in 2023 is US$ 191.5 million. The global market is expected to have a modest growth rate of 5.6% over the forecast period from 2023 to 2033.

Attributes	Key Statistics
Hair Bond Multiplier Market Value (2023)	US$ 191.5 million
Anticipated Market Value (2033)	US$ 330.3 million
Value-based CAGR (2023 to 2033)	5.6% CAGR

Historical Sales Analysis Compared to Demand Outlook

Historical Market Value (2022)	US$ 181.9 million

Region-wise Insights

Attributes	Market Share
North America Market Share (2023)	4

Attributes	Market Share
Asia Pacific Market Share (2023)	26.7%

Country-wise Insights

Countries	Value Share in 2023
United States	36.8%
China	7.8%
Japan	6.9%
Canada	6.3%
United Kingdom	5.2%

Category-wise Insights

Top Product Type	Kit
Market Share	63.40%

Top Application	Hair Colouring
Market Share	45.20%