Graph and download economic data for Treasury and Agency Securities: Mortgage-Backed Securities (MBS), All Commercial Banks (TMBACBW027NBOG) from 2009-07-01 to 2025-09-17 about mortgage-backed, agency, Treasury, securities, banks, depository institutions, and USA.

The year 2021 saw the peak in issuance of residential mortgage backed securities (MBS), at *** trillion U.S. dollars. Since then, MBS issuance has slowed, reaching *** trillion U.S. dollars in 2023. What are mortgage backed securities? A mortgage backed security is a financial instrument in which mortgages are bundled together and sold to investors. The idea is that the risk of these individual mortgages is pooled when they are packaged together. This is a sound investment policy, unless the foreclosure rate increases significantly in a short amount of time. Mortgage risk Since mortgages are loans backed by an asset, the house, the risk is often considered relatively low. However, the loan maturities are very long, sometimes decades, meaning lenders must factor in the risk of a shift in the economic climate. As such, interest rates on longer mortgages tend to be higher than on shorter loans. The ten-year treasury yield influences these rates, since it is a long-term rate that most investors accept as risk-free. Additionally, a decline in the value of homeowner equity could lead to a situation where the debtor is “underwater” and owes more than the home is worth.

Asset Backed Securities Market size was valued at USD 2510.83 Billion in 2023 and is projected to reach USD 3757.14 Billion by 2031, growing at a CAGR of 5.70% from 2024 to 2031.Key Market Drivers:Growing demand for alternative investments: With traditional assets offering lower returns, investors are increasingly turning to ABS for diversification and higher yields. The global ABS market is expected to grow, driven by its appeal to institutional investors seeking stable cash flows in volatile market environments.Rising consumer credit growth: The global consumer credit market, valued at over $15 trillion, is a key driver for ABS, especially in sectors like auto loans, credit cards, and personal loans. With increased borrowing, particularly in emerging markets, the securitization of these loans through ABS provides lenders with additional liquidity.

Residential Mortgage-Backed Securities (RMBS) Market Outlook

According to our latest research, the global Residential Mortgage-Backed Securities (RMBS) market size reached USD 2.38 trillion in 2024, demonstrating robust activity across primary and secondary markets. The RMBS market is expected to expand at a CAGR of 6.1% during the forecast period, with the total market value projected to reach USD 4.06 trillion by 2033. Key growth drivers include ongoing demand for housing finance, the resurgence of securitization activity in developed economies, and evolving investor appetite for diversified fixed-income products.

The growth trajectory of the RMBS market is fundamentally underpinned by the sustained demand for residential mortgage loans globally. As homeownership remains a core aspiration in both developed and emerging economies, financial institutions continue to originate large volumes of residential mortgages. Securitizing these loans into RMBS allows lenders to recycle capital, manage risk exposure, and meet regulatory requirements. Additionally, the low-interest-rate environment seen in many regions during the last decade has spurred refinancing activity and increased the volume of eligible mortgages for securitization. These macroeconomic factors, coupled with supportive government policies in several key markets, have contributed to the steady expansion of the RMBS landscape.

Another significant growth factor is the rising sophistication and risk appetite among institutional investors. With traditional fixed-income yields remaining compressed, RMBS offer an attractive risk-return profile, particularly for pension funds, insurance companies, and asset managers seeking higher yields without exposing themselves to excessive credit risk. The development of advanced credit rating methodologies and enhanced transparency in RMBS structures have further bolstered investor confidence. Moreover, the diversification of RMBS products, including the expansion of non-agency RMBS and the inclusion of green and social housing mortgages, is broadening the investor base and driving incremental demand in global capital markets.

Technological advancements and regulatory reforms are also shaping the RMBS marketÂ’s growth. Automation in loan origination, servicing, and securitization processes has improved operational efficiency and reduced transaction costs. Simultaneously, regulatory bodies have implemented stricter disclosure and risk retention requirements post-2008, enhancing the resilience and credibility of the market. These measures have not only restored investor trust but have also attracted new participants, including non-bank financial institutions and fintech platforms. As a result, the RMBS market is witnessing heightened innovation in structuring and distribution, further fueling its upward momentum.

Regionally, North America continues to dominate the RMBS market, accounting for the largest share due to the sheer scale of the U.S. mortgage industry and the presence of government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac. Europe is also witnessing renewed activity, particularly in the UK and Germany, as regulatory clarity and investor confidence return. Meanwhile, the Asia Pacific region is emerging as a high-growth market, driven by rapid urbanization, expanding middle-class populations, and increasing mortgage penetration in countries such as China, Australia, and Japan. Latin America and the Middle East & Africa, while smaller in scale, are showing promising signs of growth as financial systems mature and housing finance markets develop.

In parallel to the Residential Mortgage-Backed Securities market, the Commercial Mortgage-Backed Securities (CMBS) sector is also experiencing notable growth. CMBS are securities backed by commercial real estate loans, and they play a crucial role in providing liquidity to the commercial real estate market. This market is driven by the demand for financing in sectors such as office spaces, retail centers, and industrial properties. As economies recover and commercial real estate markets stabilize, the CMBS market is expected to see increased issuance and investor interest. The diversification of commercial property types and the development of innovative financing structures are further enhancing the attractiveness of CMBS to

Switzerland Bond Yield: Domestic Borrower: 8 Years: Mortgage Bond Institutions data was reported at 0.327 % pa in Oct 2018. This records a decrease from the previous number of 0.338 % pa for Sep 2018. Switzerland Bond Yield: Domestic Borrower: 8 Years: Mortgage Bond Institutions data is updated monthly, averaging 2.767 % pa from Jan 1991 (Median) to Oct 2018, with 334 observations. The data reached an all-time high of 7.253 % pa in Aug 1992 and a record low of -0.250 % pa in Jun 2016. Switzerland Bond Yield: Domestic Borrower: 8 Years: Mortgage Bond Institutions data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.M007: Government Bond Yield: by Borrower Type.

Asset-backed Securities Market Outlook 2032

The global asset-backed securities market size was USD 2,060.97 Million in 2023 and is likely to reach USD 4,431.66 Million by 2032, expanding at a CAGR of 7.5% during 2024–2032. The market is driven by the increasing financial awareness among the consumers worldwide.



Increasing demand for higher yield in a low-interest-rate environment is expected to drive the asset-backed securities (ABS) market, during the forecast period. ABS are financial securities backed by a loan, lease, or receivables against assets other than real estate and mortgage-backed securities. They are a way to raise money for companies and a means of investment for investors, offering a diverse range of investment opportunities with varying risk and return profiles.

Growing awareness and understanding of ABS among investors are contributing to their popularity. These securities provide a way to invest in a wide range of income-generating assets, from credit card receivables and auto loans to student loans and other services. The ability to tailor ABS to meet specific investment objectives, such as risk tolerance and return requirements, makes them an attractive option for many investors.



Rising regulatory scrutiny and the need for transparent and robust structures are shaping the ABS market. The financial crisis of 2008 highlighted the risks associated with these securities, leading to significant changes in the market. Today, issuers are focusing on creating transparent, straightforward, and robust structures, which is expected to further boost investor confidence and drive the growth of the ABS market.

Impact of Artificial Intelligence (AI) in Asset-backed Securities Market

The use of artificial intelligence is likely to boost the asset-backed securities market. AI's "https://dataintelo.com/report/global-advanced-analytics-market" style="color:#0563c1; " target="_blank"><span lang="EN-US"

Sweden Mortgage Bond Yield: Riksbank: Minimum: 2 Years data was reported at -0.134 % pa in Oct 2018. This records an increase from the previous number of -0.416 % pa for Sep 2018. Sweden Mortgage Bond Yield: Riksbank: Minimum: 2 Years data is updated monthly, averaging 3.210 % pa from Jan 1994 (Median) to Oct 2018, with 298 observations. The data reached an all-time high of 10.860 % pa in Sep 1994 and a record low of -0.430 % pa in Jun 2018. Sweden Mortgage Bond Yield: Riksbank: Minimum: 2 Years data remains active status in CEIC and is reported by The Riksbank. The data is categorized under Global Database’s Sweden – Table SE.M013: Mortgage Bond Yield.

The Global Bond Market is Segmented 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 (Energy and Utilities, Technology, Media and Telecom, Healthcare, Consumers, Industrial, Real Estate and More), and Region. The Market Forecasts are Provided in Terms of Value (USD).

Securitization Market Outlook

According to our latest research, the global securitization market size reached USD 3.7 trillion in 2024, with a robust compound annual growth rate (CAGR) of 7.2% observed over the past few years. The market is forecasted to expand significantly, reaching USD 6.7 trillion by 2033, driven by increasing demand for liquidity, risk diversification, and regulatory changes that promote structured finance. One of the primary growth factors fueling this market is the rising adoption of securitization as a tool for capital optimization and balance sheet management across financial institutions globally.

The growth of the securitization market is largely attributed to the evolving regulatory landscape, which has encouraged financial institutions to adopt more sophisticated risk management practices. Regulatory reforms such as Basel III and the implementation of stricter capital adequacy norms have pushed banks and non-banking financial institutions to explore securitization as a means to manage their capital requirements more efficiently. Moreover, the growing complexity and diversity of financial products have made securitization an attractive option for converting illiquid assets into tradeable securities, thereby enhancing market liquidity and providing institutions with additional funding sources. These factors collectively contribute to the sustained expansion of the global securitization market.

Another significant growth driver is the increasing participation of institutional investors seeking higher yields in a low-interest-rate environment. Securitized products such as mortgage-backed securities (MBS), asset-backed securities (ABS), and collateralized loan obligations (CLOs) offer attractive risk-return profiles, making them appealing to pension funds, insurance companies, and asset managers. The proliferation of digital platforms and fintech innovations has further streamlined the securitization process, reducing transaction costs and improving transparency. This digital transformation is enabling a broader range of asset types to be securitized, including non-traditional assets such as consumer loans, auto loans, and even intellectual property, thereby expanding the market's scope and depth.

Additionally, the securitization market is benefiting from the growing appetite for alternative investments among retail investors. As traditional investment avenues face increased volatility and lower returns, retail investors are turning to securitized products for portfolio diversification and enhanced yield. The emergence of new investment vehicles, such as exchange-traded funds (ETFs) and mutual funds that include securitized assets, is making these products more accessible to individual investors. This democratization of securitization is expected to further accelerate market growth, especially in emerging economies where financial markets are rapidly developing and investor awareness is on the rise.

From a regional perspective, North America continues to dominate the securitization market, accounting for the largest share due to its mature financial infrastructure, well-established legal frameworks, and high investor confidence. Europe follows closely, driven by regulatory harmonization and increasing cross-border transactions. The Asia Pacific region, meanwhile, is witnessing the fastest growth, supported by financial sector reforms, rising credit demand, and the expansion of capital markets. Latin America and the Middle East & Africa are also showing promising growth trajectories, albeit from smaller bases, as financial institutions in these regions increasingly recognize the benefits of securitization for funding and risk transfer.

Asset Type Analysis

The asset type segment of the securitization market is broadly categorized into mortgage-backed securities (MBS), asset-backed securities (ABS), collateralized debt obligations (CDOs), collateralized loan obligations (CLOs), and others. Mortgage-backed securit

Fixed Income Asset Management Market Outlook

The global fixed income asset management market size was valued at approximately USD 5.7 trillion in 2023 and is projected to grow to USD 9.3 trillion by 2032, expanding at a compound annual growth rate (CAGR) of 5.5% over the forecast period. The growth of this market is primarily driven by the increasing demand for stable and predictable returns in an uncertain economic environment.

One of the significant growth factors for the fixed income asset management market is the aging global population. As more individuals approach retirement age, the demand for fixed income investments that offer stable returns and lower risk compared to equities is increasing. Retirees and near-retirees often prioritize capital preservation and income generation, which fixed income products are well-suited to provide. This demographic trend is particularly prominent in developed countries but is also becoming more relevant in emerging markets as their populations age and accumulate wealth.

Another crucial growth driver is the rising interest rate environment. As central banks around the world shift towards tightening monetary policies to combat inflation, interest rates are gradually increasing. Higher interest rates make newly issued bonds more attractive to investors due to their higher yields. This situation creates opportunities for fixed income asset managers to attract new investments and cater to clients looking for better returns in a higher interest rate environment. Additionally, higher yields can enhance the overall performance of fixed income portfolios, making them more appealing to both institutional and retail investors.

The increasing complexity and diversity of fixed income products is also contributing to market growth. The fixed income market has evolved to include a wide range of instruments beyond traditional government and corporate bonds. Products such as mortgage-backed securities, municipal bonds, and various structured financial instruments offer different risk-return profiles and investment opportunities. This diversification allows asset managers to tailor portfolios to meet specific client needs and preferences, thereby attracting a broader investor base. The development of innovative fixed income products continues to drive growth in this market by expanding the range of investment options available.

In the realm of private equity, the PE Fund Management Fee plays a crucial role in shaping the investment landscape. These fees are typically charged by fund managers to cover the operational costs of managing the fund, including research, administration, and portfolio management. The structure of these fees can vary, often comprising a management fee based on the committed capital and a performance fee tied to the fund's returns. Understanding the intricacies of these fees is essential for investors, as they can significantly impact the net returns on their investments. As private equity continues to grow as an asset class, the transparency and justification of management fees are becoming increasingly important to investors seeking to maximize their returns while ensuring alignment of interests with fund managers.

From a regional perspective, North America remains the largest market for fixed income asset management, driven by the presence of a well-established financial industry, a large pool of institutional investors, and a high level of individual wealth. However, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period. Rapid economic growth, increasing financial literacy, and a burgeoning middle class are driving demand for fixed income investments in countries such as China and India. Additionally, regulatory reforms aimed at developing local bond markets and attracting foreign investment are further propelling the market in this region.

Asset Type Analysis

The fixed income asset management market can be categorized by asset type into government bonds, corporate bonds, municipal bonds, mortgage-backed securities, and others. Each of these asset types offers unique characteristics and appeals to different segments of investors, contributing to the overall growth and diversification of the market.

Government bonds are one of the most significant segments in the fixed income market. Issued by national governments, these bonds are considered low-risk investments due to the backing of the issuing g

Dividend-Yield Time Series for Chimera Investment Corporation. Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, residential transition loans, and other real estate related securities. It invests in investment grade, non-investment grade, and non-rated securities. The company qualifies as a REIT for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.

Sweden Mortgage Bond Yield: Riksbank: Maximum: 5 Years data was reported at 0.800 % pa in Nov 2018. This records a decrease from the previous number of 0.855 % pa for Oct 2018. Sweden Mortgage Bond Yield: Riksbank: Maximum: 5 Years data is updated monthly, averaging 5.058 % pa from Jun 1986 (Median) to Nov 2018, with 390 observations. The data reached an all-time high of 14.980 % pa in Feb 1990 and a record low of 0.255 % pa in Aug 2018. Sweden Mortgage Bond Yield: Riksbank: Maximum: 5 Years data remains active status in CEIC and is reported by The Riksbank. The data is categorized under Global Database’s Sweden – Table SE.M013: Mortgage Bond Yield.

This statistic shows the yield on ten-year government bonds in the Netherlands from 2011 to 2023 with a forecast for 2024 and 2025. In 2023, the long-term interest rate was at *** percent. A ten-year government bond, or treasury note, is a debt obligation issued by a government which matures in ten years. They are considered to be a low-risk investment as they are backed by the government and their ability to raise taxes to cover its obligations. Investors track them, however, for several reasons. First, these bonds are the benchmark that guides other financial interest rates, such as fixed mortgage rates. Second, their yield will tell how investors feel about the economy. The higher the yield on a ten-year government bond, the better the economic outlook.

The yield on Germany 10Y Bond Yield eased to 2.75% on September 26, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.05 points and is 0.61 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 September of 2025.

Fixed 30-year mortgage rates in the United States averaged 6.46 percent in the week ending September 26 of 2025. This dataset provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Snapshot img

Fixed Income Assets Management Market Size 2025-2029

The fixed income assets management market size is valued to increase USD 9.16 tr, at a CAGR of 6.3% from 2024 to 2029. Increasing investment in fixed income assets will drive the fixed income assets management market.

Major Market Trends & Insights

North America dominated the market and accounted for a 35% growth during the forecast period.
By Type - Core segment was valued at USD 13.18 tr in 2023
By End-user - Enterprises segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 55.33 tr
Market Future Opportunities: USD 9156.40 tr
CAGR : 6.3%
North America: Largest market in 2023

Market Summary

The market encompasses the management and investment in various types of debt securities, including bonds and treasuries. Core technologies and applications, such as portfolio optimization algorithms and risk management tools, play a crucial role in this market's continuous evolution. One significant trend is the increasing adoption of bond exchange-traded funds (ETFs), which accounted for over 20% of global fixed income assets under management in 2021.
However, the market faces challenges, including transaction risks and regulatory changes. For instance, the European Securities and Markets Authority's (ESMA) updated guidelines on MiFID II reporting requirements have impacted market participants. Despite these challenges, opportunities persist, including the growing demand for active management strategies and the increasing popularity of alternative investment-grade bonds.

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

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Fixed Income Assets Management Market Segmented and what are the key trends of market segmentation?

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.

Type

  Core
  Alternative


End-user

  Enterprises
  Individuals


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The core segment is estimated to witness significant growth during the forecast period.

Fixed Income Asset Management (FIAM) is a strategic investment approach that focuses on managing a diversified mix of US dollar-denominated fixed-income securities. This strategy encompasses various types of securities, including investment-grade bonds, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), asset-backed securities (ABS), US government bonds, corporate debt, and other securitized assets. FIAM strategies employ rigorous research and risk management techniques to deliver consistent, solid returns, balancing both capital growth and income objectives. Portfolio managers meticulously blend securities across issuers, maturities, and jurisdictions to cater to the varying requirements of investors. Quantitative bond strategies, such as yield curve modeling and duration and convexity analysis, play a crucial role in FIAM.

These strategies help in assessing the risk-reward trade-off and optimizing the portfolio's sensitivity to interest rate changes. Interest rate swaps and other interest rate derivatives are essential tools in managing FIAM. They enable portfolio managers to hedge against interest rate risk and adjust the portfolio's duration to maintain an optimal risk profile. Performance attribution models and option-adjusted spread analysis are essential for evaluating the effectiveness of FIAM strategies. These models help in understanding the contribution of various factors to the portfolio's overall performance. Liquidity risk management is another critical aspect of FIAM. Portfolio managers employ various techniques, such as securitization and debt portfolio optimization, to manage liquidity risk and ensure that the portfolio remains accessible to investors.

Global macroeconomic factors, such as inflation, economic growth, and interest rates, significantly impact the FIAM market. Inflation-linked securities and credit default swaps are popular instruments used to hedge against inflation risk and credit risk, respectively. The FIAM market is experiencing steady growth, with an increasing number of investors recognizing the benefits of this investment strategy. According to recent studies, the market is projected to expand by approximately 12% in the coming year. Additionally, there has been a significant increase in the adoption of quantitative bond strategies, with over 40% of portfolio managers re

Sweden Mortgage Bond Yield: Riksbank: Minimum: 5 Years data was reported at 0.730 % pa in Oct 2018. This records an increase from the previous number of 0.605 % pa for Sep 2018. Sweden Mortgage Bond Yield: Riksbank: Minimum: 5 Years data is updated monthly, averaging 4.765 % pa from Jun 1986 (Median) to Oct 2018, with 389 observations. The data reached an all-time high of 14.720 % pa in Mar 1990 and a record low of 0.165 % pa in Jul 2018. Sweden Mortgage Bond Yield: Riksbank: Minimum: 5 Years data remains active status in CEIC and is reported by The Riksbank. The data is categorized under Global Database’s Sweden – Table SE.M013: Mortgage Bond Yield.

Total-Yield-That-Is-Dividend-Plus-Net-Buyback-Yield Time Series for BlackRock Inc. BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York, New York with additional offices in A

Prices for Canada 5Y including live quotes, historical charts and news. Canada 5Y was last updated by Trading Economics this October 1 of 2025.