Atul Bhatia, CFA

Experts

Fixed Income Portfolio Strategist
Portfolio Advisory Group–U.S.

Since joining RBC Wealth Management in 2020, Atul has focused on macroeconomic analysis and yield curve management strategy. He is a member of the firm’s U.S. fixed income subcommittee, which determines the investment profile for the U.S. fixed income allocation of RBC Wealth Management’s managed portfolios. Atul is also a regular contributor to the Global Insight suite of products, providing insights on U.S. fixed income in both the weekly and monthly publications.

In addition to macroeconomic analysis, Atul provides regular insights into corporate issuers in both high yield and emerging markets. He has been quoted on these topics in online and print publications including The Wall Street Journal and MarketWatch.

Atul has over 20 years of financial markets experience, primarily in portfolio management and proprietary trading at such firms as D.E. Shaw, Credit Suisse and Cargill. He has a Bachelor’s degree in economics from Harvard College and is a CFA charterholder.

Atul's insights

Beyond stablecoins: The tokenization story

Analysis

Interest payments on stablecoins dominate policy discussions, but in our executive summary of ‘Bridging worlds: Tokenization connects digital and physical assets,’ we discuss why investors need to focus on the process, not the product.

6 minute read

Dog days of policymaking

It wasn’t a great end to the summer of 2026 for U.S. policymakers, in our view, with actions by the U.S. Federal Reserve and Treasury highlighting institutional weaknesses instead of playing to their strengths.

6 minute read

U.S. fiscal policy potholes

Identifying imperfections in U.S. fiscal policy is an easy task, but it’s less clear what the potential adjustment process will look like. We discuss the potential path ahead for the bloated federal deficit and debt, and what it could mean for investors.

7 minute read

Bridging worlds: Tokenization connects digital and physical assets

Since the GENIUS Act created a U.S. regulatory framework for stablecoins, debate has centered on whether digital assets can pay interest. We believe that misses the bigger story: the potentially revolutionary nature of tokenization.

14 minute read

Circumstances constrain Fed’s freedom

The Fed is often thought to have complete freedom in setting policy, but wealth effects and massive deficits constrain its flexibility more than investors may realize.

6 minute read

An evolving role for the dollar and the Fed

With war and geopolitics dominating headlines, it’s easy to overlook slower-moving changes in the investment background. We think it is important for investors to reexamine some long-held assumptions on policy impacts and investor behavior.

6 minute read

The Federal Reserve’s imperfect toolbox

The U.S. central bank wields a powerful hammer with its ability to move interest rates. Despite its strength, though, we think the central bank is poorly suited to address key concerns arising from high oil prices and the rollout of AI.

6 minute read