This week


Bank costs on the rise and here’s why

Benchmark interest rates are rising and while it’s still only early days in the banking royal commission, the indiscretions are mounting, as are likely costs. The banks might feel the pinch but ultimately is going to be the customers that have to pay

Week in review

From the trading desk

Trump blames OPEC for ‘artificially high’ oil prices, Bristow the standout USD high yield bond, Rackspace continues to be a popular trade with sub investment grade Dean Foods and JC Penney offering high yields, FRNs on demand to minimise interest rate risk exposure, investor interest in Adani’s shortening maturity and FIIG originated Lucas TCS a great sector diversifier. If you own Capitol Health bonds, remember, they are being called on 10 May