The Australian bond market just had its best third-quarter performance since 2011 and the strongest start to a year since 2020. But while investors may be eagerly anticipating a rate cut from the Reserve Bank of Australia (RBA), playing the waiting game can be a risky strategy.
Timing the stock...
For some investors, credit spread valuation may be perceived as a major headwind for fixed income. But we are of the view that the outlook for fixed income total returns remains robust in the period ahead despite the current level of spreads, which looks stretched by historical standards. This...
When investing in bonds, two common avenues are buying bonds directly Over the Counter (OTC) or buying bond Exchange-Traded Funds (ETFs). Both methods offer exposure to fixed income markets but differ significantly in terms of how they function, the risks involved, and the benefits they provide. This article explores...
PGIM Fixed Income chief investment strategist and head of global bonds, Robert Tipp, CFA, and Tom Porcelli, chief U.S. economist share their views on the latest rate cut by The Fed.
The Federal Reserve stayed the course with a 25 bp rate cut on Thursday and a firm reiteration of...
Markets have responded as expected to Donald Trump's victory – higher Treasury bond yields, firmer equities, and a stronger dollar. It is a re-run of 2016. In 2016, 10-year Treasury yields bottomed in July and rose 50 basis points (bp) before the election. They shot up another 85bp in...
From Mawer Credit Team
When this piece was being written, Boeing had not filed their US$25 billion shelf prospectus and the company was a downgrade candidate to high yield (HY) at both Moody's and S&P which would qualify them as a "Fallen Angel". The term “Fallen Angel” is often paired...
Ninety One chief sustainability officer Nazmeera Moola, emerging market fixed income portfolio manager Thys Louw, and emerging markets equity portfolio manager Archie Hart share their views on the US election.
Nazmeera Moola, chief sustainability officer, Ninety One: "The Republican victory is likely to see the US retreat from all global...
Despite initial concerns that the outcome of the Presidential election might remain uncertain for days or even weeks, a decisive Republican performance has made it clear that Donald Trump has been elected the 47th President of the United States. He secured both the popular vote and the Electoral College...
Gil Fortgang, Washington Associate Analyst at T. Rowe Price shares three policy developments to watch after the U.S. election:
1. Personnel is policy
Regardless of whether Democrat Kamala Harris or Republican Donald Trump is in the White House, who the next president chooses to helm certain federal agencies will shape policy...
By Mitch Reznick, head of sustainable fixed income at Federated Hermes
Vice President Kamala Harris and former President Donald Trump remain neck and neck in the polls. How will the result impact credit markets?
Expected outcomes of the US elections are all within margins of error. Across the White House, the...
