Bond Adviser - Bond Adviser

Globally, the US-China trade war rages on with US President Donald Trump threatening additional tariff measures on a further $US200 billion of Chinese imports as tensions continue to soar. However, US-European relations have improved with both parties agreeing to work together to avert a trade war. Meanwhile, it is widely anticipated that the Fed will keep rates on hold at [...]

5 Aug, 2018

Will Major Bank Divestments Affect Hybrid Instruments?

By Bond Adviser|2018-08-05T23:51:18+10:00Aug 5, 2018|Case Study|

With the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (the “Commission”) being unusually quiet recently following more reactionary and tabloid-friendly beginnings, we thought it might be a good time to consider what impact (currently) planned divestments by the major banks could have on hybrid valuations and risk. Although not directly prompted by the Commission, [...]

5 Aug, 2018

Central Bank Independence: A Cautionary Tale

By Bond Adviser|2018-08-05T23:51:02+10:00Aug 5, 2018|Case Study|

Major central banks around the globe have, for some time now, been granted total independence in making monetary policy decisions in an effort to ensure the prioritisation of long-term economic health over more short-sighted decisions for political motives. President Trump’s comments last week that he is “not thrilled” by recent increases in the Federal Reserve’s Funds rate has broken the [...]

5 Aug, 2018