This statistic illustrates the total size of bond markets in Europe as of the **** of December 2016. It can be seen that the Euro government bond market was by far the largest, with a total size of more than ************ euros, at that time. The second largest bond market was the Euro IG ex-financials market, with a size of over *** trillion euros. So-called junk bonds with ratings of BB to CCC made up a much smaller share of overall bonds in Europe, due to the much higher risk associated with investment in these bonds. Contingent Convertibles (CoCos) made up a small section of the bond markets, with a total size of *** billion euros as of December 2016.

As of July 18, 2025, 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 Kingdom 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.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Euro Area (19 Countries) (IRLTLT01EZM156N) from Jan 1970 to Jul 2025 about long-term, Euro Area, 10-year, Europe, bonds, yield, government, interest rate, interest, and rate.

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.

In 2023, the biggest green bond issuers in Europe were sovereign states, followed by non-financial corporates, and financial corporates, accounting for around 80 percent of total green bonds issued. Green bonds are fixed income securities which finance investments with environmental or climate-related benefits. The investments can be targeted at new or existing projects for renewable energy, energy efficiency, sustainable waste management, sustainable land use, efficient buildings, clean transportation, sustainable water management, or climate change adaptation.

The yield on Germany 10Y Bond Yield eased to 2.69% on August 27, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.01 points and is 0.44 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 10-Year Bond Yield - values, historical data, forecasts and news - updated on August of 2025.

The yield on Romania 10Y Bond Yield rose to 7.45% on September 2, 2025, marking a 0.10 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.17 points and is 0.65 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Romania 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The yield on Germany 30 Year Bond Yield rose to 3.36% on September 1, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.22 points and is 0.78 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 30 Year Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The global capital exchange ecosystem market, valued at $1.06 trillion in 2025, is projected to experience robust growth, driven by increasing global trade, the rise of fintech innovations, and a growing preference for digital trading platforms. The market's Compound Annual Growth Rate (CAGR) of 5.80% from 2025 to 2033 signifies a consistently expanding market opportunity. Key segments, including the primary and secondary markets, contribute significantly to this growth, with the primary market fueled by Initial Public Offerings (IPOs) and other new listings, while the secondary market thrives on the continuous trading of existing securities. The diverse range of stock and bond types (common, preferred, growth, value, defensive stocks; government, corporate, municipal, mortgage bonds) caters to a broad spectrum of investor profiles and risk appetites. Technological advancements, including high-frequency trading algorithms and improved data analytics, are further enhancing market efficiency and liquidity. However, regulatory hurdles, geopolitical uncertainties, and cybersecurity threats remain as potential restraints on market growth. The strong presence of established exchanges like the New York Stock Exchange (NYSE), NASDAQ, and the London Stock Exchange, alongside emerging players in Asia and other regions, contributes to the market's competitive landscape. Regional growth will likely be influenced by economic development, regulatory frameworks, and investor confidence, with North America and Asia Pacific anticipated to maintain leading positions. The future of the capital exchange ecosystem hinges on adaptation and innovation. The increasing integration of blockchain technology and decentralized finance (DeFi) is expected to reshape trading infrastructure and potentially challenge traditional exchange models. Increased regulatory scrutiny globally will likely necessitate further transparency and improved risk management practices by exchanges. Furthermore, the growing prominence of Environmental, Social, and Governance (ESG) investing will influence investment strategies and, consequently, trading activity across various asset classes. The market's future success will depend on its ability to effectively manage risks, embrace technological innovation, and meet the evolving needs of a diverse and increasingly sophisticated investor base. Continued growth is anticipated, driven by both established and emerging markets. Recent developments include: In December 2023, Defiance ETFs, introduced the Defiance Israel Bond ETF (NYSE Arca: CHAI) to facilitate investors' access to the Israeli bond market. CHAI commenced trading on the New York Stock Exchange. The ETF, CHAI, mirrors the MCM (Migdal Capital Markets) BlueStar Israel Bond Index, enabling investors to tap into both Israel government and corporate bonds. This index specifically monitors the performance of bonds, denominated in USD and shekels, issued by either the Israeli government or Israeli corporations., In January 2024, the National Stock Exchange (NSE) saw a 22% rise in its investor base, increasing from 70 million to 85.4 million during the calendar year 2023. This growth highlights the increasing participation of retail investors in the stock market.. Key drivers for this market are: Automating all processes, Regulatory Landscape. Potential restraints include: Automating all processes, Regulatory Landscape. Notable trends are: Increasing Stock Exchanges Index affecting Capital Market Exchange Ecosystem.

We revisit the discussion of market sentiment in European sovereign bonds using a correlation analysis toolkit based on influence networks and hierarchical clustering. We focus on three case studies of political interest. In the case of the 2016 Brexit referendum, the market showed negative correlations between core and periphery only in the week before the referendum. Before the French presidential elections in 2017, the French bond spread widened together with the estimated Le Pen election probability, but the position of French bonds in the correlation blocks did not weaken. In summer 2018, during the budget negotiations within the new Italian coalition, the Italian bonds reacted very sensitively to changing political messages but did not show contagion risk to Spain or Portugal for several months. The situation changed during the week from October 22 to 26, as a spillover pattern of negative sentiment also to the other peripheral countries emerged.

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.

Green bonds are fixed income securities which finance investments with environmental or climate-related benefits. In the nine months to September 2020, the new issuers on the green bonds market in Europe issued green bonds with a total value of ***** billion U.S. dollars. Just as any bonds, green bonds can be classed in different types with senior unsecured being the most prevalent at approximately **** billion U.S. dollars. Senior unsecured bonds are high priority debt within the company's capital structure that do not have collateral backing. Secure bonds, on the other hand, suggest that the issuer puts up some asset as a surety.

The yield on France 10Y Bond Yield rose to 3.58% on September 2, 2025, marking a 0.05 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.30 points and is 0.58 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. France 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The Europe fixed income asset management market is experiencing rapid growth, with significant expansion projected for 2024-2031.

Key Market Drivers:

Increased Demand for Income Investments: The growing preference for stable returns in uncertain economic environments has led to a heightened demand for fixed income investments. According to a report from the European Fund and Asset Management Association (EFAMA), net assets in UCITS reached EUR 20.7 trillion at the end of 2023, reflecting a 10% increase from the previous year, indicating strong investor interest in income-generating assets.

Regulatory Support for Sustainable Investments: There is a significant push from European regulators to promote sustainable finance, including green and social bonds. This trend is supported by evolving regulations that encourage transparency and sustainability in fixed income investments, enhancing their attractiveness to institutional investors.

The yield on Italy 10Y Bond Yield rose to 3.64% on September 1, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.18 points, though it remains 0.07 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Italy 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The Europe Green Bonds Market would witness market growth of 9.1% CAGR during the forecast period (2024-2031). The Germany market dominated the Europe Green Bonds Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $99,239 million b

Resilience Retrofit Bond Market Outlook

According to our latest research, the global Resilience Retrofit Bond market size reached USD 7.8 billion in 2024, demonstrating robust momentum driven by the urgent need to finance climate adaptation and disaster-resilient infrastructure. The market is expected to expand at a CAGR of 12.4% during the forecast period, reaching USD 22.1 billion by 2033. This impressive growth is attributed to increasing government mandates, public-private partnership initiatives, and heightened awareness of the economic and social impact of climate-related risks. The global push towards sustainable and resilient infrastructure, coupled with innovative financial instruments, is propelling the adoption and issuance of resilience retrofit bonds worldwide.

One of the primary growth factors fueling the Resilience Retrofit Bond market is the escalating frequency and severity of natural disasters, which has underscored the vulnerability of existing infrastructure. Governments and private sector stakeholders are increasingly recognizing the necessity to retrofit buildings, roads, bridges, and other critical assets to withstand extreme weather events such as floods, hurricanes, and earthquakes. This realization has led to a surge in demand for dedicated financing mechanisms like resilience retrofit bonds, which provide much-needed capital for large-scale infrastructure upgrades. Additionally, investors are showing a growing appetite for sustainable financial products, further supporting the expansion of this market.

Another significant driver is the evolution of regulatory frameworks and international agreements focused on climate change adaptation and mitigation. Policymakers across major economies are introducing incentives, tax breaks, and regulatory mandates to encourage the issuance and uptake of resilience retrofit bonds. For example, the European Union’s Green Deal and the United States’ Infrastructure Investment and Jobs Act have included provisions for financing resilient infrastructure, directly contributing to market growth. These policies not only create a conducive environment for bond issuance but also enhance investor confidence by reducing perceived risks associated with long-term infrastructure projects.

Technological advancements and innovation in financial structuring are also playing a pivotal role in the growth of the Resilience Retrofit Bond market. The integration of advanced data analytics, risk assessment tools, and blockchain technology has streamlined the bond issuance process, improved transparency, and enabled more precise tracking of fund utilization. These innovations have attracted a broader pool of institutional and retail investors, while also enabling issuers to customize bonds for specific resilience projects. As a result, the market is witnessing increased diversification in bond types and applications, further accelerating its expansion.

Regionally, North America and Europe are leading the market, accounting for a significant share of global issuance, driven by stringent regulatory standards and a well-established financial ecosystem. However, the Asia Pacific region is rapidly emerging as a key growth area, fueled by large-scale urbanization, infrastructure investments, and a high incidence of climate-related disasters. Latin America and the Middle East & Africa are also witnessing growing interest, albeit from a smaller base, as governments in these regions strive to enhance disaster preparedness and attract international capital. Overall, the global Resilience Retrofit Bond market is poised for sustained growth, underpinned by a combination of regulatory support, investor demand, and technological innovation.

Bond Type Analysis

The Resilience Retrofit Bond market is segmented by bond type into Green Bonds, Catastrophe Bonds, Sustainability Bonds, and Others. Green Bonds have emerged as the dominant segment, accounting for the largest share of bond issuances in 2024. These bonds are specifically earmarked for projects that deliver environmental benefits, such as energy-efficient retrofits and flood protection infrastructure. The popularity of green bonds is underpinned by growing investor demand for sustainable finance products and the alignment of these instruments with global ESG (Environmental, Social, and Governance) investment strategies. Governments and corporations are increasingly leveraging green bonds to raise ca

Graph and download economic data for Moody's Seasoned Baa Corporate Bond Yield (BAA) from Jan 1919 to Jul 2025 about Baa, bonds, yield, corporate, interest rate, interest, rate, and USA.

As of December 31, 2023, a total of ****** green, sustainable, and social (GSS) bonds were issued in Europe. The vast majority of GSS bonds issued were green bonds, amounting to ******. By contrast, only ***** sustainability bonds were issued as of 2023. Green, social, and sustainable bonds (GSS) are fixed-income instruments which finance projects that have a positive impact on the environment, social causes, and on sustainability.

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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 a crucial component of