Between the USD and the EUR, we have more than half the world of assets covered and the 2 most powerful central banks in the world, disputably. If both central banks (not including… Continue reading
Reading up on this Argentina debt deadlock and one wonders whose side are we on ? On one hand, we have a pretty recalcitrant, and probably corrupt, country that does not appear to… Continue reading
Midsummer at exactly 6: 51 pm today as we mark the summer solstice and the longest day of the year. The weather does the day credit with the warm breeze that is blowing… Continue reading
Investors cannot get enough of AUD but Australian companies are rushing out to issue in Europe where it is cheaper. SGSP Australia to Sell EU500m 8Y Bonds, IPT MS +90bps Area (8Y 1.23%+0.90%… Continue reading
I end the week with a somewhat fractured view and a profound sense of realisation of the role of the retail investor in bond space. The retail segment is not as fragmented as… Continue reading
So far, selling in May and coming back in Jun had been relatively good. Our favorite S&P500 hit new highs overnight and it seems that this bunny is not going to stop. Of… Continue reading
Fed’s dovish stance yesterday led to some expectation adjustments in Libor rates and SGD rates followed suit today. The short end interest rates that we rely upon for fixing those housing loans as… Continue reading
Trading is not like the old days, information, analyse, act and react by a human brain. It is about PARSING and analysing the number of times the word “inflation” appears or “bubble” and… Continue reading
It was a year ago when my friend, Dialastrategist, wrote a piece on Catastrophe bonds and how nicely they would fit into a portfolio, for the random uncorrelated risk that they present. One… Continue reading