Fixed income markets were mostly positive in the last month of the first half of the year, although there are concerns over the ongoing inflation risk, monetary easing continued to support the market. Of all major bond indexes in focus, only Bloomberg Barclays Global Aggregate lost 0.88% over the month of June, US Investment Grades, US High Yields, and Emerging Markets US Dollar Bonds rose 1.63%, 1.34%, and 0.72% respectively.