Andrew Canobi, a Director within the Franklin Templeton Fixed Income team in Melbourne, Australia, discusses what is causing the current selloff in US and Australian bond markets, and whether it can maintain its current trajectory or if we are heading for disaster.
The US 10-year treasury yield is the price...
Following the release of CPI figures this week, Mutual Limited’s CIO Scott Rundell looks at how markets have reacted and the short-term outlook.
Australia’s inflation rate, as measured by the Consumer Price Index (‘CPI’) surprised to the high side for the September Quarter. Headline CPI rose +1.20% QoQ vs +0.8%...
If history is any guide, at this juncture bonds may be a more attractive proposition than equities, at least in the short term.
From Henry Neville, Portfolio Manager, Man Solutions
Let’s begin with a mea culpa. In my note of 18 May 2023, I wrote that the risk/reward for equities versus bonds...
Franklin Templeton's global investment outlook: a broadening opportunity set
Markets have defied expectations—performing well in the face of economic challenges.
"But as we head towards the end of this year the question is whether the investment climate will begin to turn bleak," asks Stephen Dover, Chief Market Strategist at Franklin Templeton...
Jim Caron, co-chief investment officer of Global Balanced and Risk Control strategies at Morgan Stanley Investment Management, looks at change in bond yields in his current podcast 'Caron's Corner'.
Get long of bonds? No. Add duration? Yes. There is a big difference. As bond yields move close to 5% for...
Daleep Singh, Chief Global Economist and Head of Global Macroeconomic Research, PGIM Fixed Income shares his view on how the unfolding conflict in the Middle East may impact markets.
Our instinct regarding the crisis in the Middle East is that just enough collective incentive exists to prevent an uncontrolled spiral...
Global Asset Allocation Viewpoints and Investment Environment by T. Rowe Price Australia Investment Committee, as at 30 September 2023.
MARKET PERSPECTIVE
While global growth and inflation are expected to trend lower, much variation exists across regions and countries in terms of the level and pace of deceleration.
U.S. and Japanese...
While the consensus market outlook has shifted, US Treasuries don't appear to be following along, according to Western Asset, part of Franklin Templeton.
Robert Abad, product specialist at Western Asset says: "US Treasury (UST) yields continue to ratchet higher, defying the economic data and our own expectations. What's behind the...
Following the horror of the Hamas-led attacks in Israel this weekend, global investors are contemplating the potential impact on broad investment markets. Although challenging, during a rapidly developing geopolitical conflict, investors are best suited to stay level-headed, considering that fundamentals ultimately drive long-term investment returns. In general, while geopolitics...
Following the conflict in the Middle East over the weekend, Mutual Limited’s CIO Scott Rundell looks at how markets reacted overnight and the short-term outlook.
Macro themes
The impact of the conflict in Israel over the weekend on markets was somewhat predictable - a rally in government bonds as capital flowed...
