bonds

We have consistently forecast a US recession using models that draw on both bond and equity market data. Our preferred bond market model was reporting the highest...

As global markets brace for ongoing uncertainty caused by higher inflation and rising interest rates, bonds offer investors certainty through regular coupon payments...

Let's not sugar coat it, fixed income has been through the wars. It's gotten so bad that some pundits have even dismissed the traditional 60/40 portfolio as being...

There was no reprieve in financial markets in the closing months of the financial year, in fact the losses sustained in bonds and equities in the June quarter were...

After a disappointing budget blighted by heinous conflicts of interest that are costing NSW taxpayers at least $630 million a year, NSW attracted a record $8.9...

It’s time for a new episode of Stocks Neat, the podcast with nothing watered down. In June’s episode of Stocks Neat, Gareth and I discuss a 100-year Austrian bond...

We have now received the big five state budgets and can assess proposed debt issuance relative to what they projected for this coming FY23. The short story is the...

Italy’s 66th post-war government collapsed in January 2021 when a coalition led by Prime Minister Giuseppe Conte crumbled. President Sergio Mattarella encouraged the...

Returns on bonds can be further increased when bonds approaching their maturity or call dates are reinvested ahead of time. We look at the benefits of actively...

Welcome to this month's trade floor update. The RBA has raised rates for the second month in a row, and we haven’t seen the end of it. It’s a good time to be a bond...

Last night NSW released its budget data for the month of April, which reaffirmed that the state's general government cash deficit for 2021-22 (FY22) will end up...

Between the introduction of modern portfolio construction methods and until very recently, bonds played a key role in most investors’ multi-asset portfolios. In the...

Some "inside-baseball" monetary policy machinations were revealed by the RBA yesterday, which banks and other expert RBA watchers summarise as the central bank...

WA has downgraded its debt issuance in 2022-23 (ie, FY23) by a large $1.3bn (or 20%) from its September 2021 budget estimate of $6.4bn and by $0.6bn from its...

The Australian ASX listed hybrid market generally trades at a premium versus similar securities in the institutional market, meaning listed assets generally produce a...

In the AFR I write today about The Big Short (brief except only enclosed). Specifically, since late last year, we’ve had several contrarian views. First, US markets...

For those who haven't heard of him, Rick Rieder is BlackRock's chief investment officer of global fixed income, head of the global asset allocation team, and chairman...

The RBA lifted the cash rate yesterday by 25 basis points, to 0.35%. And just like that, its war on inflation - to be waged against aggregate demand - is underway. ...

While media reporting on Victoria's budget has been confusing, it has surprised the market, investors and analysts with material downward revisions to the size of...

In recent weeks I’ve been discussing ‘peak inflation’ and the headwinds facing stock markets with clients. This week, it appears to have dawned on investors that...