We continue to see the US Fed cutting rates in September, with a total of 75 basis points for the year.
We continue to recommend staying nimble and opportunistically bid in the upcoming auctions of the Bureau of the Treasury (BTr) in order to buy longer-term bonds.
Tensions between Iran and Israel may have subsided. However, any escalation could drive oil prices higher, especially when shipping routes such as the Strait of Hormuz are disrupted.
We see the stock market carrying over the momentum of last week’s gains. Investors will track earnings and economic data releases this week.
With the recent decision of San Miguel Global Power to call on its 6.5% perpetual bonds, one investor was suddenly flush with cash. He wants to know what to do with the money.
The treasury may still reject the 20-year auction despite pessimism in the market.
Investors don’t want their money to sleep. They want their money to work and earn even in times of uncertainty and market doldrums. Money market funds are good options.
CreditSights, our credits research partner, generally has a positive outlook for 2024. Investors, however, still need to keep an eye on challenges.
Real estate may be in for a comeback this year as the economy improves.
After assessing events in the markets in 2023, we have come up with some broad recommendations that you can consider this year.
This year was a good one for fixed income markets. Are things about to change in 2024?
For some, the relationship of interest rates with bonds can be tricky to understand. However, the best way to explain it is by using it in specific scenarios.
We have revised our inflation forecasts downward to 6.0% in 2023 and 4.3% in 2024.