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Showing 1091 - 1100 of 4631 results for "bond"

Industry fund awards $150m mandate

KARREN VERGARA  |  THURSDAY, 22 AUG 2019
... to a London-based investment manager. Sunsuper selected Affirmative Investment Management (AIM) to manage its first green bond mandate, which aims to achieve financial returns, and generate positive environmental and social impact projects. The bond ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... Maestro' Fed chief Alan Greenspan testified before the US Congress in February 2005, where he effectively discounted the bond market as irrational: "Some analysts have worried that the dip in forward real interest rates since last June may indicate ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... conducted its monetary policy meeting on July 30, deciding to keep the status quo - interest rate at -0.1% and 10-year government bond yield target at around 0% - and vowed to "maintain the current extremely low levels of short and long-term interest ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
US president Donald Trump is envious of Chinese president Xi Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... a recession a year from now at 35.4%, taking its cue from the negative 4bps differential between the 10-year US Treasury bond yield and the three-month bill. This is lower than the 37.8% recession probability in June when the spread was 13 basis points. ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
A recession is coming! Worries over a global recession are everywhere! Financial market investors are seeking safety - exiting equity markets and queuing to purchase longer-term bonds (despite their low, and in some, negative yields); the US dollar ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
Plato Investment Management has announced a $200 million entitlement offer for its fund, Plato Income Maximiser (PL8). In response to increasing investor demand for dividend payments as a replacement for their cash and fixed interest income, Plato will ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... Great Recession of 2008 would be "Happy Days" in comparison. You don't believe me, Virginia? Just look at the 10-year bond yield offerings in most markets around the planet. They are now lower than the lows hit during the Great Recession. To be sure ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... since it lifted it by 25 bps to 0.75% this time last year while at the same time maintaining "the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion". The BOE is now expected to cut interest rates ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... US yield curve, presaging a US recession in 12-18 months' time. The yield differential between the US 10-year Treasury bond had been negative since May this year. The current yield differential of minus 33 basis points compares with the positive ...