
26 JANUARY 2026
European fixed income outlook—cautious optimism
Looking ahead to 2026, Franklin Templeton Fixed Income Head of European Fixed Income David Zahn says he is cautiously optimistic about Europe’s economic outlook.
Franklin Templeton Fixed Income believes that the best way to pursue consistent alpha is by integrating three areas of expertise into our portfolios: top-down macroeconomic analysis, robust bottom-up fundamental analysis and quantitative science. We also believe risk should be optimized, not minimized. Distinguished by over 50 years of experience, the team of over 140 investment professionals brings together multiple sources of expertise in one global platform to offer strategies that address numerous client needs. The content located on this page represents our latest thinking on the fixed income market and how to unlock value in a changing economic environment.
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