Australian Market

Yielding to yields [vc_video link='https://www.youtube.com/watch?v=gbtZMmHy-WA'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Both defensive and growth assets weakened further in October, reflecting another solid increase in global bond yields. The Hamas attack on Israel was a major development in the month, which initially led to a spike in...

Higher for longer [vc_video link='https://www.youtube.com/watch?v=5-iEBhgqUUQ'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] Market Overview Both defensive and growth assets weakened in September, reflecting a strong further increase in global bond yields. In turn, this reflected resilient global economic growth and expectations that policy rates would remain ‘higher for longer’. Growth...

Easing recession risk suggests the worst may be behind us Growth vs defensive assets Growth assets returned 0.5%, marginally beating the 0.3% return from defensive assets. Growth assets have outperformed solidly over the past 12 months. Defensive assets Global bond yields rose further in August as resilient economic growth reduced the risk...