Busting the bond liquidity myth
Heard the one about it being hard to buy and sell bonds in secondary markets? Turns out it's a total myth.
Heard the one about it being hard to buy and sell bonds in secondary markets? Turns out it's a total myth.
Long-term bond investors should be cheering for higher yields.
Dan Ivascyn, the successor to Bill Gross as the head of PIMCO, isn't into making grand calls on a market that takes decades to turn.
Bond markets can no longer get away without rewarding investors that are prepared to lend to companies and governments for longer than others, says QIC.
A new Challenger hybrid offer, yielding 6.2 per cent, a week after an offer by CBA, is evidence that many investors remain anxious about shares.
Thank heavens some smart bankers are unilaterally lifting mortgage rates to cool housing market exuberance.
The platform is now set for inflation to surprise on the upside, making floating rate bonds attractive.
Hybrids, house prices and equities were good last year but 2017 will be all about the awkward confusion between crisis-level interest rates and healthy economic growth.
The massacre in fixed income is delighting those who believe we're in a bubble. But you shouldn't purge bonds.
Challenger's long-standing head of fixed income Bob Sahota has been hired by Kapstream.
Struggled to make money on shares this year? At least you're members of a fairly large club.
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