Following the latest US Federal Reserve meeting, Mutual Limited’s CIO Scott Rundell looks at how markets have reacted and the outlook.
Fed says easy tiger, we’ll get there…be patient…
It was all about what the Fed said and what they didn’t say last night at and post its policy meeting. The...
Bank hybrid issuing is set to ramp up early in 2024 with ANZ Bank expected to be the first to market.
ANZ issued a recent statement saying it is expected to announce a new ANZ Capital Notes offer in February. It said it may include a limited reinvestment offer for...
Queensland Treasury Corporation has issued AUD$2.75 billion of a new 4.75% 2 February 2034 CBI certified green bond through a syndicated process.
This takes QTC's total term debt raised since 13 June 2023 to AUD11 billion towards its indicative funding requirement of AUD14.5 billion for 2023–24.
Issuer ratings are AA+ (Stable) by...
Australian investors flocked to bond ETFs in 2023 as rising interest rates made fixed income allocations more attractive, according to data recently released by the Australian Securities Exchange (ASX) and Vanguard.
Australian bond ETFs received A$3.81 billion in cash flows in 2023, a 37% improvement year on year. Global bond...
The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has priced its first benchmark of 2024 – an Australian dollar 2 billion 5-year bond due January 10, 2029.
The transaction attracted over 50 orders totaling more than AUD 2.4 billion from investors drawn to IBRD’s high credit...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
Markets have completed the turn, signalling an end to hiking and anticipating a full easing cycle, with Australia being pulled along for the ride. Against this...
J.P. Morgan Asset Management has announced the listing of the JPMorgan Global Bond Active ETF (Managed Fund) (JPGB) on Cboe Australia.
JPGB is the second fixed income active ETF that the global asset manager has brought to Australia. It leverages the same strategy as the JPMorgan Global Bond Fund (mutual fund)...
La Trobe Financial has launched its La Trobe US Private Credit Trust – the first in its Global Asset Series – with an initial investment amount of AUD $130 million.
La Trobe Financial’s Chief Investment Officer, Mr Chris Paton said, “The launch of the La Trobe US Private Credit strategy...
Fund manager Betashares has launched four funds offering geared long and geared short exposure to 10-year U.S. Treasuries and Australian Government Bonds on the Australian Securities Exchange (ASX).
The four new funds are:
Betashares Geared Long Australian Government Bond Fund (hedge fund) (ASX: GGAB) which seeks to generate magnified gains...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
The rollercoaster in yields continued through November, reversing the October sell-off. A US led bond rally, on expectations of a slowing economy, supported broad based bond...