Ardea discuss heightened recession risk pricing, consolidation in bonds and why tail risks are substantial in both directions.
Investors have few places to hide amid a synchronised sell-off in bonds and equities. In this Monthly Market Musings, Ardea discuss recent trends and what could drive a turnaround in bonds.
Ardea take a closer look at the drivers of the historical large sell-off in bonds and discuss the significance of an inverted US yield curve for recession risk and equities.
In this primer, Ardea outline key introductory concepts in government bond markets for relative value (RV) investing.
Ardea outline some broad implications of the Russia/Ukraine crisis for global rates markets.
Ardea share their insights on current market themes.
Ardea examines key fixed income market themes for 2022.
Ardea examines the market implications of Fed QE tapering and expectations for tightening from other central banks.
Ardea takes a closer look at the drivers of the recent bond rally.
Market pricing for inflation is near multi-year highs, but with major differences across curves and regions. We discuss the implications and risks for investors of rising inflation expectations.