David Zahn's 2019 outlook: Political uncertainty will drive Europe's bond markets

Domestic political events are likely to be the main influence on European fixed income markets in 2019. The degree of uncertainty is considerable, with German and Italian politics as well as the scheduled culmination of Brexit negotiations all potential risk factors. Any resulting market volatility from these or other political issues could provide interesting opportunities for active investors. The backdrop for the eurozone economy over the next 12 months looks fairly stable, however, with the region's growth rate set to remain relatively healthy. Although the quantitative easing pro...