Beyond Bulls & Bears

Australian Headwinds May Benefit Yield-Seeking Investors
Fixed Income

Australian Headwinds May Benefit Yield-Seeking Investors

Since the fundamental determinants of bond yields—economic activity and inflation—are expected to be muted this year, the recent rise in Australian government bond yields presents an opportunity for investors, especially in the short end of the bond curve.

Why Investors Yield to Australia’s Bond Market
Fixed Income

Why Investors Yield to Australia’s Bond Market

We believe the RBA doesn’t feel the need to act on its easing bias because the Australian economy remains reasonably healthy, albeit at a pace of growth that is at the lower end of what policymakers would like to see.

Australia and Higher US Interest Rates
Fixed Income

Australia and Higher US Interest Rates

Market watchers have long anticipated the (US) Fed’s move, but the reality of a world confronted with higher interest rates may present a significant test for many investors.

Income-Seeking Australians Search for Yield

Income-Seeking Australians Search for Yield

Instead of chasing yields or returns, bond investors, in our view, should pause and consider how to best construct an investment strategy with the goal of delivering optimal risk and returns to better complement their overall portfolios.