Chris Siniakov - Beyond Bulls & Bears

Beyond Bulls & Bears

Fixed Income

Why Australia May Not Join the Rate-Tightening Party

“We don’t think the RBA is likely to raise rates in the next 12-18 months. There is a heavy load on the shoulders of Australian households. Australia’s economy is benefiting from global growth, particularly in China, but that growth would have to be quite significant to reduce household debt or improve wage growth. If these issues don’t improve in the next year or so, we believe the RBA’s next course of action could be a rate cut.” – Chris Siniakov and Andrew Canobi, Australia Fixed Income team

November 14, 2017

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.

Chris Siniakov | January 15, 2017

The Commonwealth & Commodities: Australia, Canada and New Zealand

In much the same way that elevated terms of trade benefitted past growth, the recent drop in commodity prices has acted as a strong headwind to future growth.

May 19, 2015

2015 Asia Pacific Investor Forum Snapshot

To date, lower interest rates do not seem to have stimulated the domestic Australian economy. We think there’s probably more work to be done by the Reserve Bank, and therefore, we project yields will continue to decline, as likely will the Australian dollar.

April 17, 2015

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.

December 18, 2014

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