MFS says fixed-income outlook looks brighter

0534 GMT - The outlook for fixed income appears brighter despite the recent performance setbacks, says Benoit Anne at MFS Investment Management in a note. "This mainly reflects an improvement in the duration landscape," the head of market insights says. The market's repricing the Federal Reserve rate policy is now well advanced, and has perhaps moved into overpricing at this juncture, he says. "This may help cap the upside risks to rates from the standpoint of monetary policy." Separately, the upward momentum in U.S. long-end rates seems to have slowed somewhat, although the fiscal challenges remain intact, Anne says. (emese.bartha@wsj.com) (END) Dow Jones Newswires October 09, 2026 01:34 ET (05:34 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.