Global Fixed Income markets: a fragile balance
Tamar Hamlyn shares his observations of global macroeconomic policy following a study tour across the US, EU, UK, China and Japan.
Insights
Trump Election… the impact so far
Our view on the volatility since the Election result, however overall these events are favourable for markets and good for investors.
Incoming RBA Governor Philip Lowe’s speech
Tamar Hamlyn discusses recent comments from incoming RBA Governor Philip Lowe on 8 September 2016 on research conducted within the RBA and other monetary policy bodies.
Part 2 – How Quickly Can you Boil a Frog? – Why we should still think about inflation
Whilst current inflation is low, so are the returns on many low risk assets. This means inflation can still absorb a large part of returns and historically, this can be quite unpredictable.
How quickly can you boil a frog? – The case for hedging inflation risk volatility
Recent events have pushed both inflation expectations and bond yields to long-term lows, so should investors still worry about inflation?
Australia’s Sovereign Rating: Is it an Issue?
Moody’s has recently commented that Australia’s “AAA” sovereign rating could be under pressure, notwithstanding the current stable outlook.
Challenges and opportunities – the year ahead 2016
With the festivities behind us and a new year ahead it is a good time to reflect on what to expect from fixed interest markets. More of the same, or will the end of zero interest rates in the US bring something different?
Return Expectations for Active Fixed Income
Bond yields across the major fixed income markets are currently at low levels relative to history, causing investors to question whether the asset class can continue to deliver an attractive return.
When volatility is low but uncertainty is high … buy interest rate options
Thinking uncertainly vs thinking volatility. These two market views are creating something of a conundrum in interest rate markets at the moment.
Macroprudential measures announced in Australia
APRA yesterday announced a series of new measures aimed at reinforcing sound lending practices by financial institutions in Australia.