- Fixed Income
Finding Income in a Low Interest Environment
22 Jul 2021 |
By Jesse Imer
READ TIME 9 mins
READ MORE
Fixed Income
Back to all insights
Jesse Imer, Fixed Income Strategist, breaks down the myth that yield cannot be found within Fixed Income within the current low interest rate environment, and why investors may be overlooking the benefit of pairing of investment-grade credit bonds, with active...
READ MORE
Credit spreads represent the difference in yield between the relevant benchmark (usually government bonds) and the yield of another non-government debt security of the same maturity. As interest rates have gone to record lows, investors have begun to allocate more...
READ MORE
- Fixed Income
Taking Advantage of “Lower for Longer”
05 Jul 2021 |
By Jesse Imer
READ TIME 5 mins
READ MORE
It’s never a bad time to have a conversation about lowering the debt servicing costs of an entity, whether it’s a household, a business or our Federal government. At the Federal level, gross government debt has grown over 200 billion...
READ MORE
- Fixed Income
Risk-Off Series: Get Long (Duration)
25 Jun 2021 |
By Max Pacella
READ TIME 5 mins
READ MORE
What may be evident at this point in our Risk-Off series is that for each opportunity we have to make a risk management decision, there is often a corresponding opportunity to make gains within our portfolios. Touching on risk management...
READ MORE
For close to seventy years, government issued fixed-rate bonds have provided satisfactory levels of income at relatively low levels of risk. As interest rates have declined over this period, the income became less and less, an the diversification benefits less...
READ MORE
Last week’s Federal Budget projected that Australia would run budget deficits for the next ten years, until 2031/32 fiscal year. With this, the government has changed their rhetoric of balanced budgets and fiscal conservatism, to higher portion of spending and...
READ MORE
- Fixed Income
Inflation Series | Inflation Linked Bonds
28 Apr 2021 |
By Jesse Imer
READ TIME 4 mins
READ MORE
Inflation-linked bonds are a specific way to hedge against both expected and unexpected inflation increases in the future, as their capital value and coupon payments are explicitly linked to the Consumer Price Index. As inflation expectations have surged in the...
READ MORE
The vast majority of Australians pay variable (floating) rates on their residential home loans, which has been beneficial for the majority of the last three decades, as mortgage rates and other borrowing costs have trended lower. However, if interest rates...
READ MORE
Government bond auctions are a relatively unknown part of international finance, yet they have wide ranging impacts for government funding costs, taxation, bond valuations, equity valuations, opportunity cost and asset allocation. They’re largely unknown because as long as they work...
READ MORE
LOAD MORE