Sales commentary
Domestic equities are down 2.2% for the year
Week in review
US Treasuries sold off pushing yields to highest levels since 2011, Apple 2023 USD bonds drop 60 cents in a week, funding pressures mean Pacific National 2027 FRN popular with investors, Nufarm 2026s resume trading, Plenary Justice 2030s attractive retail bonds
Week in review
US interest rate hikes put pressure on bond rates, US Quarterly GDP numbers finalised, Asciano 2027 remains popular, Nufarm FY18 results renew interest in 2026 bonds, new RMBS begins trading in secondary market but no supply yet
Week in review
Tariffs remain high on the global agenda, increased interest in inflation linked bonds after the AOFM’s big issue, selling short dated premium bonds and Dean Foods look attractive.
Week in review
Positive signs from NAFTA and US/China trade talks, AUD/USD cross currency swaps at three year high, primary issuance of AT&T 2028 popular with clients seeking extended duration, good supply of USD Nufarm 2026, investors looking ahead holding Downer November 2018s November maturity reinvest in bonds such as DBCT
Week in review
Bank lending tightens and wages rise putting pressure on household finances, Australian GDP growth on the upside, supply for Suncorp 2023c remains accessible, AAA rated Ale 2023 ILB bond still in supply, PJS 2030 IAB popular as longer dated inflation hedge
Week in review
Cash Converters maturity draws near and investors sell early, while Qantas and Virgin bonds do battle, investors sell USD Ensco while Westpac hiked its variable mortgage rates
Week in review
This week, markets appear steady despite Canberra turmoil, RBA & FOMC meetings mean imminent rate change unlikely, CCV investors switch to other FIIG originated bonds, Syd Airport 2030 inflation linked bond demand continues, investors continue to assess JC Penney holdings, USD Virgin 2021 popular
Trade opportunities
StockCo is an attractive potential short to medium term investment option for investors at current yield to worst of 5.94%pa. The bond is available to both wholesale and retail investors
Week in review
This week, lower probability of an interest rate hike, Ausdrill and Barminco announce a potential merger, clients like the runway switch and RMBS to reduce duration.