Company Profile NBN Co Limited is an Australian government-owned corporation established in 2009 to design, build, and operate the country’s national broadband access network. It provides wholesale services to Retail Service Providers (RSPs), who in turn deliver internet services to homes and businesses. As of June 2024, NBN Co served over 8.6 million premises, making…...
AllianceBernstein discusses the recent increase in policy uncertainty and market doubt regarding the roles of the U.S. dollar and U.S. Treasuries. Summary AllianceBernstein discusses the recent increase in policy uncertainty and market doubt regarding the roles of the U.S. dollar and U.S. Treasuries. While acknowledging the continued importance of these assets within the global financial…...
The rapid pace at which markets and the macro environment are shifting can make it difficult for investors to determine where, when and how to allocate capital. We believe that being “long flexibility” is key to navigating these turbulent times. Summary Amid heightened macroeconomic uncertainty, Morgan Stanley identifies compelling investment opportunities within the bond market…....
Rethinking Portfolio Strategy Beyond the U.S. Treasury Safe Haven Summary The ‘Investment Monthly’ reported by HSBC Asset Management explores a pivotal transition in global markets. As fiscal and monetary policy uncertainty in the U.S. intensifies, U.S. Treasury bonds—once regarded as the ultimate “safe haven”—are under growing scrutiny. Elevated yields, geopolitical risks, and rising volatility signal…...
Since October 2022, emerging market (EM) bonds have outperformed US Treasuries and corporate bonds, supported by positive economic momentum within EM countries, a resilient US economy, and the prospect of US rate cuts. While global growth may slow slightly, the outlook for EM bonds remains more optimistic than previously expected.
National Australia Bank (NAB) Predicts Major Interest Rate Cuts, Offering Hope to Homeowners, this report summarizes key findings regarding the NAB’s forecasts for interest rates in Australia and related economic commentary. Summary National Australia Bank (NAB) has predicted multiple interest rate cuts in Australia in the coming months, which they believe could provide relief to…...
With financial bond yields surging past 6% and trading activity intensifying, constructing a portfolio from the most actively traded dollar bonds offers both liquidity and resilience. A barbell bond portfolio strategically allocates investments to the short- and long-end of the maturity curve, deliberately minimizing or excluding exposure to intermediate maturities. The short-duration segment enhances portfolio…...
In light of renewed geopolitical tensions and market uncertainty—particularly surrounding a potential Trump 2.0 administration and its implications for emerging markets—we examined the performance of emerging market bonds. Despite rising concerns, history shows that EM bonds held up relatively well during Trump’s first term. Our analysis highlights the EM Model Portfolio (selected through the Bondwatch…...
Amid heightened volatility across global markets, dollar bonds have experienced significant movements, with yield spreads over U.S. Treasuries widening notably. In light of this, we have compiled a list of recently popular investment-grade dollar bonds issued by financial institutions, all offering yields above 6% and featuring an outstanding amount of over USD 500 million. The…...
Updated: Monday, May 01, 2025 As global investors recalibrate risk in an environment shaped by shifting central bank policies and uneven macro growth, Asia’s credit markets are emerging as a dual-engine for portfolio strategy in 2025. Investment Grade (IG) offers a foundation of stability and predictable yield, while High Yield (HY) showcases resilience, backed by…...
