In this 108th episode of the On Investors' Minds - APAC Edition podcast, Tai Hui dives into the world of fixed income and explores why it remains a critical part of investors' asset allocation.  With the U.S. Fed likely to cut rates in the coming months, what areas of fixed income has the most upside?  How will Asia high-yield debt hold up if multiple central banks cut their respective rates?  Will there be increasing default rates for high-yield corporate debt?  Listen now to Tai to get up to date and find out what this all means for investors. The J.P. Morgan Guide to the Markets illustrates a comprehensive array of market and economic histories, trends and statistics through clear charts and graphs. Download the 3rd quarter 2025 Guide to the Markets - Asia from the J.P. Morgan website (https://am.jpmorgan.com/en/asset-management/institutional/insights/market-insights/guide-to-the-markets/?utm_campaign=-en--podcastEP108).   For 10 years, the Market Insights program has been on the ground across the Asia Pacific region engaging with clients, and providing guidance on the complex global markets. Listen now and don't forget to subscribe to stay updated on future episodes of On Investors' Minds - APAC Edition. For more analysis on the financial markets, visit the J.P. Morgan Asset Management website at https://am.jpmorgan.com.