bonds

The yield on the Australian 10-year government bond has reached 2.7%, its highest level in years, as central banks around the world move to stymie inflation. Last...

The S&P 500, NASDAQ and even Bitcoin started to recover some of their losses last week, that is, before yet another nuclear threat. But Russia is the least of...

Federal Treasurer Josh Frydenberg and Minister for Superannuation Jane Hume released a joint statement earlier in the month that called on the $3.5 trillion super...

Russia is near to defaulting on up to US$150 billion of foreign currency debt writes Christopher Joye. If China consents to provide military aid to Russia it would...

“De-risking” is the buzzword du jour on Wall Street, where hedge funds and their ilk are cutting positions, selling stocks and covering shorts. So-called degrossing...

For the first time in over a decade, it looks like overnight cash rates are finally going to rise at some stage in 2022.This is the moment the bond doomsayers have...

Twenty-seven years ago the US Federal Reserve started lifting interest rates and instantly changed market sentiment and the direction of equity indices. The shift was...

In the AFR on Friday I wrote that blockbuster inflation data overnight has forced markets to converge with our expectation for 6-7 hikes from the US Federal Reserve in...

In 2022 we expect volatility to increase as a function of central bank liquidity draining from the system. In parallel, we expect inflation to remain persistent, as we...

Back in August and September 2021 we noted a very odd anomaly: for the first time, 5-year major bank senior unsecured bond spreads were trading in line with, or at...