A yield curve shows the relationship between interest rates and the term to maturity. It plots interest rates on the y-axis and term to maturity on the x-axis.
Importantly, interest rates should be taken from the same credit quality issuer and the same currency, as these other factors will influence...
Global asset manager Janus Henderson has outstanding research capabilities. This article gives us insight into their thinking about investing in investment-grade BBB rated securities versus sub-investment-grade BB rated securities. It also explains some key educational terms and includes a glossary. We suggest you take your time reading the article...
Are you thinking about investing in fixed income in 2021? Or perhaps, wondering what the experts think is the best place to invest? Well, the snippets below are a great place to start. We’ve compiled outlooks for the fixed income asset class for the year ahead.
There are some common...
From Seema Shah, Chief Global Strategist, Principal Asset Management:
Several characteristics of the U.S. Treasury yield curve highlight the heightened risks to the economic outlook in 2023. With the 2y10y yield curve at its most inverted point since the 1980s, and the U.S. Federal Reserve determined to further tighten monetary...
From Guy Stear, Head of Developed Markets Strategy at the Amundi Investment Institute
Three factors that have contributed to the shift in sentiment
▪ Market reversal: Global stocks suffered big losses, with Japan's Topix index racking up its largest one-day drop in more than three decades. European and US stocks also fell,...
BetaShares has two dedicated hybrid ETFs:
BetaShares Active Australian Hybrids Fund (ASX:HBRD), which is actively managed
BetaShares Australian Major Bank Hybrids Index ETF (ASX:BHYB), which is a passive fund that aims to track the performance of Solactive Australian Banking Preferred Shares Index
It’s important to note BetaShares’ two hybrid funds...
According to Franklin Templeton Fixed Income CIO Sonal Desai rising investment and persistently loose US fiscal policy are simultaneously pushing in the direction of higher long-term real interest rates.
“While investors and commentators often tend to conflate the two, I think it is useful instead to distinguish them clearly. They...
-Uncoordinated policy actions point to an uneven path towards net zero greenhouse gas emissions. This could mean higher inflation in the short term and a more uncertain long-term growth outlook.
-Managing social costs will likely be key. A more just transition can be achieved by reallocating national income towards labour...
By Matthew Macreadie, Income Asset Management
A kangaroo bond is an Australia-dollar denominated bond issued by a non-Australian company in the Australian debt market to raise capital from Australian investors. In the pursuit of funding, these non-native issuers recognize the need to offer attractive terms to a less familiar audience,...
