The consensus is sure that inflation will remain lower for longer. Most remain sceptical that central banks will succeed in their mission to push it higher.
Is central bank support for corporate bond markets truly unlimited? Our sense is decidedly not.
We explain the mechanics of inflation protection and how to identify relative value opportunities.
Government bond markets are now at the precipice of a paradigm shift.
2019’s rampant bond rally came to a halt this month as bond yields rose, causing bond prices to fall across most major bond markets.
Some central banks are pushing monetary policy into the upside down world of negative interest rates, but rather than success they are creating bizarre side effects.
How is it that traditional safe haven assets like gold, government bonds and the Japanese yen are all performing strongly this year, just as risky assets like equities, credit and emerging markets are also doing very well?
Conventional thinking about bond-equity relationships currently poses a paradox – the resolution to this seeming paradox is the changing bond-equity correlation.
The China economic slowdown story had been building behind the scenes long before markets decided to focus on trade hostilities with the US.
This Livewire exclusive discusses the global shift in central bank policy as a key driver of recent volatility and what to expect moving forward.