'It's the greatest short in history'
Buying "duration" in recent times has been one of the more dangerous trades in human history.
Christopher Joye is a contributing editor to The Australian Financial Review. He is a leading economist, fund manager and policy adviser who has previously worked for Goldman Sachs and the RBA, and was a director of the Menzies Research Centre. He is currently a director of Smarter Money Investments.
Buying "duration" in recent times has been one of the more dangerous trades in human history.
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It's pretty hard finding anything cheap right now, which is why my portfolio's cash weight has jumped from below 15 per cent in February to ...
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So-called 'unconstrained' fixed-income investors who venture outside the bond market are walking a fine line
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A momentous occasion occurred on Thursday: for the first time ever, a AAA-rated Aussie bond traded under 2 per cent.
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