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.
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.
Global and domestic headlines have put the focus squarely on U.S. sovereign assets. We look at what steps investors should take in this time of shifting economic messages.
Long-term economic trends have left the U.S. economy increasingly reliant on spending by upper-income households. We unpack the potential implications for economic stability and Federal Reserve policymaking.
The White House has made broad interpretations of existing legislative authority to make unilateral policy moves. We examine how this centralized ad hoc decision-making raises structural concerns and how the economic policy framework may evolve.
One clear winner from the Fed’s 25 basis point rate cut was the U.S. Treasury, which can roll over maturing debt at lower costs. Lower rates alone, however, are unlikely to make the country’s fiscal policy sustainable.
With the Fed poised to lower overnight interest rates next week, we think investors may be disappointed with what lowering rates is likely to accomplish. We look at the potential asset-class implications if the Fed moves too aggressively.
U.S. government borrowing costs on longer-maturity debt have risen more quickly than on shorter-maturity debt since so-called reciprocal tariffs were announced. We discuss what drove that reaction and why the difference is likely to persist.
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.