Pimco sees China deleveraging softening
China's campaign to curb financial leverage, which pushed bond yields to three-year highs in 2017, may become less intense this year as growth in the economy decelerates.
China's campaign to curb financial leverage, which pushed bond yields to three-year highs in 2017, may become less intense this year as growth in the economy decelerates.
The white sand and blue water of the Pacific have provided a backdrop for the world's biggest bond managers to do their thing.
The unwinding of some of its holdings in Australian lenders' debt is the first such move in about five years.
There are signs that the once feared punishers of profligate spending are lurking again, lured back by an expansionary fiscal policy and signs of resurgent inflation.
Operating market benchmarks like the FTSE and the Dow is becoming a very lucrative business.
How high will Treasury yields climb? The next month may just hold the answer.
One of the big issues for investors with offshore holdings is the impact of market falls on the US dollar.
Latvia's anti-corruption agency has detained the country's central bank chief, who sits on the European Central Bank governing council.
We should care very deeply about interest rates, but we don't. That's probably because rates have been low for so long that the deficit hawks and bond vigilantes have fallen asleep.
As the US 10-year bond rate heads towards 3 per cent, its time to load up on bonds says Mark Kiesel, chief investment officer of global credit at fixed income giant PIMCO.
Individual investors should be at the very least consider swapping long-dated bonds for those with shorter dated maturities, or switch into cash and alternative investments, experts say.
Treasury mainly attributed the increase to the "fiscal outlook". The Congressional Budget Office was more blunt. In a report this week, the CBO said tax receipts are going to be lower because of the new tax laws.
Interest rates simply have to rise, but the global economy still may have time to adjust.
Investors in the know are focused on the one question that really matters: will US 10-year government bond yields rise above 3 per cent?
It's one of the most dramatic market shifts in history — the slow but sure collapse in bond yields over the past three decades.
China has paved the way for investors to reshape their capital markets but have the interests of its policymakers and Western capital finally aligned?
Is the fixed-rate government bond market – to be distinguished from floating-rate securities – in the mother-of-all bubbles? Very likely.
The current "ice age" began in 1981 when the US Federal Reserve delivered a crushing monetary shock and defeated the Great Inflation. But if the chartists are right - the downtrend line has finally broken.
The story of 2017 was how markets shrugged off everything geopolitics could throw at them. Can the synchronised growth across regions last?
The sharemarket will continue to climb into 2018 off the back of low rates and rising earnings, but rising yields will put a dent in bond-sensitive asset prices.
The Treasurer has thrown his weight behind a push for more superannuation funds to develop new ways of lending to local companies.
Gains in Bitcoin and Wall Street this year have challenged the theory that the market is never wrong.
Bond market investment managers are hoping that Santa brings greater market volatility after a tough year for active investors.
The third US interest rate increase predicted for this year looks set to take place next month, and the market is starting to price in a greater chance of another hike in March.
The Bank of England raised interest rates for the first time in more than a decade, doubling its benchmark rate to 0.5 per cent.
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