Notes Archives

Notes

Week In Review – Corporate Bond Issues (20 November 2024)

Elizabeth Moran

Annual US inflation accelerated to 2.6% in October 2024, up from 2.4% in September. It’s the first increase in seven months. Coupled with expected...

Notes

Week In Review – ANZ Surprises (13 August 2025)

Elizabeth Moran

Last week, ANZ surprised the market, marketing the first of its kind - a 20-year Tier 2 subordinated debt bullet. That is, a one-off...

Notes

Week In Review – Tightening Spreads (19 March 2025)

Elizabeth Moran

Credit spreads are tight, but yields remain relatively high. This week we publish two very pertinent articles about yield. First, an article from the Federated...

Notes

Week In Review – Hybrid Bombshell (12 September 2024)

Elizabeth Moran

APRA surprised the market this week when they said they would phase out Capital Notes, otherwise known as hybrids, and Additional Tier 1 capital. It’s...

Notes

Week In Review – US Bond Market Concern (4 June 2025)

Elizabeth Moran

There is mounting concern that US government tariffs and tax cuts may seriously disrupt the US bond market. JPMorgan CEO Jamie Dimon and billionaire...

Notes

Week In Review – Plenty Of New Issues (27 November 2024)

Elizabeth Moran

There was strong domestic corporate bond issuance before the US election, and I thought most Australian companies had satisfied their 2024 funding requirements, so...

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Week In Review – AI and Portfolio Allocation (20 August 2025)

Elizabeth Moran

A common question I’ve received over the years is how much investors should allocate to fixed income. The percentage depends on your goals, age,...

Notes

Week In Review – Private Credit Focus (10 July 2024)

Elizabeth Moran

Private credit continues to garner the headlines. Rest Super announced yesterday it is strengthening its position in private credit. The fund has increased investment in...

Notes