Australian Bond Exchange

The Gift That Keeps on Giving….and Giving and Giving

Christmas is a time of joy and giving, and with interest rates currently sitting at higher than we have seen over the past several years, corporate fixed-income securities are undeniably proving to be festive investments. While it’s not possible to physically wrap a corporate bond and stick it under your Christmas tree, with highly attractive […]

ABE Weekly: Cool But Not Cold – Monthly CPI Eases in October

Australian Bond Exchange Weekly Update Friday 1st December  Key points Australian monthly CPI cools faster than expected No more RBA rate hikes – OECD Domestic retail sales slide lower New Deputy Governor appointed at the RBA   Black Friday bonanza – U.S. retail sales surge Global Cash Rates & Inflation The Reserve Bank of Australia […]

Will 2024 Be The Year of Fixed Income?

With higher interest rates likely to extend well into 2024 and beyond, now is the perfect time to consider fixed-income allocations within client portfolios, especially as the prospect of a recession lurks.  Anaemic Growth   Apart from the U.S., most economies appear to be struggling with higher interest rates and elevated (albeit cooling) inflation. This is […]

ABE Weekly: So Hawk Right Now

Australian Bond Exchange Weekly Update Friday 24th November  Key points Hawkish undertones over homegrown inflation Sufficiently restrictive – J Powell Westpac Leading Index for October dips Sohn Hearts and Minds – bullish on bonds Is the narrative starting to change? Global Cash Rates & Inflation The Reserve Bank of Australia (RBA) Cash Rate now sits […]

2023 Reflections – A Year in review

As we approach the end of 2023, now is an opportune time to reflect on the year that was, and plan for the year ahead. With inflation continuing to cool across most major economies, the key question for 2024 and beyond is – how long will rates remain elevated? U.S. Resilience The year 2023 has […]

ABE Weekly: Cooling But Not Cold – U.S Inflation Edges Lower

Australian Bond Exchange Weekly Update Friday 17th November  Key Points U.S. inflation falls more than expected to 3.2% Australian unemployment and jobs increases in October Australian consumer confidence evaporates Business conditions up, confidence down – NAB Monthly Business Survey U.S. retail sales slide lower U.S. small business optimism down in October U.K inflation continues to […]

Playing Defensive With Corporate Fixed Income Securities

Corporate bonds and other fixed income securities have long been favoured by investors seeking a balance of portfolio stability and investment returns. Since the Global Financial Crisis (GFC) however, ultra-low interest rates had largely removed the attractiveness of the asset class – but today, we find ourselves in a very different environment, characterised by higher […]

Cash, Money Markets and Fixed-Income – Same, Same But Different

With both money markets and fixed-income markets offering highly attractive yields, a recurring question we are frequently being asked is – which one should I invest in? Unsurprisingly, there is no simple answer given it depends on the personal needs and requirements of your clients. It’s also important to state that an investment in either […]

ABE Weekly: Material Change Confirmed – RBA Hikes Again

Australian Bond Exchange Weekly Update Friday 10th November  Key Points  Material change confirmed – RBA hikes again IMF revises China outlook European inflation expectations rise Jerome Powell – “we will not hesitate” Have yields peaked? Global Cash Rates & Inflation The Reserve Bank of Australia (RBA) Cash Rate now sits at 4.35%pa and the annual […]

ABE Weekly: Bullock Speaks Ahead of Looming Rate Decision

Australian Bond Exchange Weekly Update Friday 27th October  Key Points  Australia’s inflation rate accelerated in the September quarter   Michelle Bullock speaks  Westpac Chief Economist tips interest rates to fall in 2024      Preliminary Flash PMI – Australian business activity weakens   Future Fund made $60 billion in portfolio adjustments during 2023 Global Cash Rates & Inflation The […]