Three months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questions. Meanwhile, in Australia, the RBA governor stated that the RBA was willing to raise rates for the four ...
Learn moreThree months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questi ...
Learn moreThree months into the job and Fed Chair Kevin Warsh is still facing questions over his credibility. In particular, the bond market still has questi ...
Learn moreIn 2025, Australia was the third-largest bond market globally with a total issuance of AUD 320 billion. 2026 could be even bigger. Through 27 January, AUD bond issuance has set a record pace this year, with over AUD 50.7 billion issued (see chart below) ...
Learn morePolitics overshadowed the economy in January. Fears of an AI bubble gave way to fears over Venezuela, Greenland, Iran, and Minnesota. However, economics cannot be ignored, and the month ended with the announcement of a new Fed chair, falling gold and si ...
Learn moreThe RBA kept interest rates unchanged at 3.6%. It was a unanimous decision. And so it came to pass that the last two higher than expected monthly inflation indicators begot a higher than expected September-quarter inflation result. And the RBA gover ...
Learn moreIt has been a wild start to the year. Tariffs, floods, and Ange Postocoglou getting sacked at Tottenham 17-days after winning the Europa League! Despite all this, Australia’s real GDP grew 0.2% in the March quarter, on a quarterly basis (see chart ...
Learn moreBack in 2007, Pirates of the Caribbean: At World’s End topped the global box office and Asset-Backed Securities (ABS) issuance was riding high. But as the Global Financial Crisis hit full stride in 2008, the champagne went flat for ABS. ABS tumble ...
Learn moreNo, r-star doesn’t stand for “rock star”! Rather, it is the official cash rate that has a neutral impact on an economy: neither contractionary nor expansionary. It is critical for both central bankers and investors. R-star is the i ...
Learn moreAt a Glance: The Federal Reserve's delays in the much anticipated rate cuts have widespread implications for the U.S. economy and the private sector. In this higher-for-longer interest rate environment, U.S. fund managers are deal ...
Learn moreWith the return of El Nino, conditions are hotting up in Australia. However, the US bond market is also feeling the heat with a sell-off leading to higher yields for longer-dated bonds. These are conditions not seen since the 1980s! Back in the People&r ...
Learn moreAt a Glance: Europe's transition towards private debt highlights a significant shift from traditional banking, propelled by regulatory adaptations and market dynamics. Investors are attracted by private debt due to higher yield opportu ...
Learn moreThe Big RBA Unwind During the height of the COVID-19 pandemic, the RBA pumped billions into the financial system. Now we are in the middle of the big unwind as the RBA looks to tighten financial conditions further in response to high inflation. ...
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