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).

As of 2023, the United States had the largest bond market worldwide, accounting for nearly 40 percent of the total. The European Union was second in the ranking, accouting for almost one fifth of the total outstanding value of corporate and government bonds worldwid, followed by China with 16.3 percent.

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.

Graph and download economic data for Market Value of Marketable Treasury Debt (MVMTD027MNFRBDAL) from Jan 1942 to May 2025 about market value, debt, Treasury, and USA.

This statistic presents the average daily trading volume of corporate debt market of the United States from 2005 to 2018. In 2018, the average daily trading volume of the corporate debt market of the United States was 31.2 billion U.S. dollars.

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.

The Green Bonds Market report segments the industry into By Issuer (Public Sector Issuers, Private Sector Issuers), By Sectors (Government Backed Entities, Financial Corporations, Non-Financial Corporations, Development Banks, Local Government, Others), and Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa). Get five years of historical data alongside five-year market forecasts.

The yield on US 10 Year Note Bond Yield eased to 4.33% on June 24, 2025, marking a 0.02 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.18 points, though it remains 0.09 points higher 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 June of 2025.

The U.S. dollar was the currency most commonly used for deals on the international debt capital market in the fourth quarter of 2024. At that time, the value of deals in that currency was 639 billion U.S. dollars. What is debt capital market? The debt market is the part of the capital market on which fixed-interest securities are traded. These securities include, for example, government, municipal, corporate or mortgage bonds. It allows the companies and governments to raise capital through issuance of debt securities. In case a company or a government decides to collect additional money on debt capital market, it issues debt securities and sells them to investors. Depending on financial situation of the company issued bonds can obtain different ratings. The better the company is perceived in the market, the lower interest rates it has to pay for raised capital. Other ways of raising capital Some companies can access money via venture capital or private equity funding, where money comes from high net worth individuals, investment funds, banks or other financial institutions. For larger and well-established companies going public can be an option and raising money among investors. This process is called initial public offering (IPO).

Corp Bond: ADTV: HY: BB: >= 1,000,000 and < 5,000,000 data was reported at 2.553 USD bn in Mar 2025. This records an increase from the previous number of 2.164 USD bn for Dec 2024. Corp Bond: ADTV: HY: BB: >= 1,000,000 and < 5,000,000 data is updated quarterly, averaging 2.298 USD bn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 3.371 USD bn in Jun 2020 and a record low of 1.723 USD bn in Sep 2023. Corp Bond: ADTV: HY: BB: >= 1,000,000 and < 5,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: High Yield.

The North America fixed income assets market, exhibiting a Compound Annual Growth Rate (CAGR) of 1.50%, is poised for steady expansion throughout the forecast period (2025-2033). While the exact market size for 2025 is unavailable, considering a base year of 2025 and a historical period of 2019-2024, we can infer substantial market volume. Major drivers include a persistent demand for income-generating investments, particularly amongst institutional investors and high-net-worth individuals seeking stable returns in times of economic uncertainty. Growing concerns about equity market volatility further fuel this demand. This trend is complemented by the increasing prevalence of low-interest rate environments, leading to a search for yield in fixed-income instruments. However, rising inflation and potential interest rate hikes represent key restraints, impacting the attractiveness of certain fixed-income products. Market segmentation, though not explicitly detailed, likely encompasses various asset classes like government bonds, corporate bonds, mortgage-backed securities, and other debt instruments, each responding differently to economic shifts. Key players like The Vanguard Group, Pimco Funds, and Fidelity Distributors Corp. dominate the market, leveraging their extensive expertise and brand recognition to maintain their market share. Geographical distribution within North America, while not specified, likely reveals variations based on regional economic conditions and investor preferences. The market's future trajectory hinges on several interconnected factors. Fluctuations in interest rates will significantly impact investor sentiment and portfolio allocation. Government policies, regulatory changes, and macroeconomic developments within North America will also shape market dynamics. Furthermore, innovative product offerings and technological advancements impacting trading and portfolio management will contribute to the market's evolution. Considering the conservative nature of fixed-income investments, the anticipated growth, while modest, represents a considerable influx of capital and demonstrates the enduring importance of this asset class in the North American financial landscape. The continued expansion is expected to be driven by both organic growth and potential mergers and acquisitions amongst market participants seeking to enhance their market positioning and product offerings. Notable trends are: Prominence of HNWIs in Fixed Income Investments in North America.

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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

Green Bond Market valued at US$ 526.8 billion in 2025, is anticipated to reaching US$ 1,046.35 billion by 2032, with a steady annual growth rate of 10.3%.

The North America Green Bonds Market would witness market growth of 9.3% CAGR during the forecast period (2024-2031). The US market dominated the North America Green Bonds Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $185,664

Of the 27 trillion U.S. dollars of marketable U.S. treasury securities that were outstanding as of May 2024, just below half were for treasury notes. Treasury notes have maturities of two, three, five, seven or 10 years, and have a coupon payment every six months. This contrasts to treasury bills, with maturity of one year or less, and treasury bonds, which have a maturity of 30 years.

The yield on US 30 Year Bond Yield rose to 4.89% on June 24, 2025, marking a 0.01 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.14 points, though it remains 0.51 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.

Corp Bond: ADTV: HY: NR: >= 10,000,000 < 25,000,000 data was reported at 189.703 USD mn in Mar 2025. This records an increase from the previous number of 161.212 USD mn for Dec 2024. Corp Bond: ADTV: HY: NR: >= 10,000,000 < 25,000,000 data is updated quarterly, averaging 163.141 USD mn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 355.816 USD mn in Mar 2020 and a record low of 107.398 USD mn in Sep 2022. Corp Bond: ADTV: HY: NR: >= 10,000,000 < 25,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: High Yield.

Graph and download economic data for Rest of the World; U.S. Mortgage-Backed Securities and Other U.S. Asset-Backed Bonds; Asset, Market Value Levels (BOGZ1LM263063603Q) from Q4 1945 to Q1 2025 about asset-backed, mortgage-backed, market value, bonds, securities, assets, and USA.

Market Size statistics on the Bail Bond Services industry in United States

Graph and download economic data for Assets: Securities Held Outright: U.S. Treasury Securities: All: Wednesday Level (TREAST) from 2002-12-18 to 2025-06-18 about maturity, securities, Treasury, and USA.