 
                
State Street Investment Management’s October 2025 white paper outlines how fixed income is shifting from a traditional income and hedging tool to a data-driven, outcome-oriented asset class.
Advances in electronic trading, AI, and customization are transforming bond markets into scalable, transparent, and client-specific platforms.
The fusion of active, index, and private credit strategies enables precision portfolio design focused on outcomes such as liability matching and sustainability.
Scale, skill, and technology are now decisive advantages, as asset managers evolve into solution architects rather than product providers.
Is fixed income’s next decade defined not by yield—but by its power to engineer results?