Scott Solomon, Co-Portfolio Manager for Dynamic Global Bonds Strategy at T. Rowe Price shares his views on the rising U.S. 10-year Treasury yield and its implications as follows:
During past economic cycles, we often observe a convergence between the 10-year Treasury yield and the terminal rates set by the Federal Reserve (Fed). Typically,...
From Garrett Roche, CFA, FRM, Global Market Strategist at Principal Asset Management
The recent and sudden rise of U.S. Treasury yields has pushed long-term interest rates above the highs seen in October 2022 and even those observed before the Global Financial Crisis (GFC) in late 2007. This swift and significant...
From Ward Brown, Fixed Income Portfolio Manager and Robert Almeida, Portfolio Manager and Global Investment Strategist, MFS Investment Management
What are the structural differences between dollar-denominated debt and local emerging market debt?
Local debt is in local currency. If you're lending in local currency to the Brazilian government, you're lending in...
Janus Henderson Investors Portfolio Manager Jason England and Global Head of Fixed Income Jim Cielinski explain why investors should prepare for "high for longer" rather than positioning bond allocations for an imminent dovish pivot.
The market has framed the last few Federal Reserve (Fed) meetings as "does no increase mean...
Franklin Templeton's Andrew Canobi highlights perception versus reality
The 1999 cult movie Matrix explores the theme of perception versus reality in this world.
"A bit like financial markets today," says Andrew Canobi, Franklin Templeton Fixed Income portfolio manager.
Canobi has analysed Australia's second quarter GDP numbers to draw parallels between the current state of...
The Fed sent a strong signal that interest rates will remain higher for longer, as Franklin Templeton Fixed Income chief investment officer Sonal Desai has long predicted.
The Fed also started to acknowledge that the natural real rate of interest is higher than it thought.
Desai shares her latest insights on...
Higher for longer is not a new narrative (FOMC) - Seema Shah, Chief Global Strategist, Principal Asset Management.
At today’s Federal Open Market Committee (FOMC) meeting, despite choosing to keep the benchmark policy rate on hold at 5.25%-5.50%, the Federal Reserve (Fed) still managed to deliver a hawkish message. The...
The Franklin Templeton Fixed Income team has issued its fourth-quarter 2023 outlook, ahead of the US Federal Reserve's policy decision.
The Franklin Templeton Fixed Income team conducts a team-wide quarterly research and strategy Forum driven by independent macroeconomic, fundamental sector, and quantitative research, to explore and collaborate on economic and...
Global and Australian market commentary from Jamieson Coote Bonds
The changing bond market
After the rapid rise in the cost of capital the world over, economies are beginning to falter. China, Germany, Holland, New Zealand and now Australia, are rapidly slowing, bringing high quality fixed income back on the radar of...
