Desmond Lawrence, an investment strategist at Duff & Phelps Global Investment Advisors, expressed optimism for next year, expecting the outlook for fixed income assets to remain strong by 2025. Most developed economies' government bonds are expected to provide attractive returns. Central banks can worry less about inflation and more about linking policy rates more fully to weak domestic demand and international activity. The short-term interest rate market has already digested expectations of a soft landing for the USA economy, with the Federal Reserve's policy rate expected to fall to 3.75% and the Eurozone's policy rate to fall below 2.0%. As rate cuts become a reality, the yield curve dominated by short-term bonds will be pushed lower.