Director - Research, Consulting and Advisory, BondAdviser

Nicholas Yaxley

Director - Research, Consulting and Advisory

Australian bonds & fixed income research

BondAdviser

BondAdviser is the central reference point for intelligent information on Australian fixed income markets. We help you make informed decisions by providing unbiased research, transparent pricing data, analytics, portfolio tools and education.

BondAdviser has the broadest coverage of retail-accessible ASX-listed and over-the-counter Australian bonds and fixed income securities. We make it easy for you to review and compare investments before you place an order with your broker or dealer.

Credit

In June 2016 we we stated with yields at all-time lows, the future performance of domestic bonds would be sensitive to changes in the economic data, but more specifically inflationary expectations. Since then, we have witnessed a rapid reversal in the latter primarily as a result of President Trump’s pro-business and growth policies. This triggered a sell-off in US Treasuries (higher yields) and Australian Treasuries followed suit.So, what started as a strong year for bond investors ended fairly benignly. Overall, the Bloomberg AUSBond Index returned 2.92% for calendar 2016 but the ASX Listed Debt and Hybrid Market (excluding Treasury Bonds) had a very strong year with a total return of 9.83%.But are we likely to see the same performance in 2017? Our First Half 2017 Outlook reflects our top down view for interest rates and credit themes which are likely to impact investor returns over the First Half 2017

In June 2016 we we stated with yields at all-time lows, the future performance of domestic bonds would be sensitive to changes in the economic data, but more specifically inflationary expectations. Since then, we have witnessed a rapid reversal in the latter primarily as a result of President Trump’s pro-business and growth policies. This triggered a sell-off in US Treasuries (higher yields) and Australian Treasuries followed suit.So, what started as a strong year for bond investors ended fairly benignly. Overall, the Bloomberg AUSBond Index returned 2.92% for calendar 2016 but the ASX Listed Debt and Hybrid Market (excluding Treasury Bonds) had a very strong year with a total return of 9.83%.But are we likely to see the same performance in 2017? Our First Half 2017 Outlook reflects our top down view for interest rates and credit themes which are likely to impact investor returns over the First Half 2017

First Half 2017 Outlook - Where to from Here?

Commonwealth Bank of Australia

First Half 2017 Outlook - Where to from Here?