Bonds/Interest Rates

A recent article by former FED governor Frederic Mishkin suggests asset bubble creation is an economic policy tool but CIBC questions whether this is good policy.

Upcoming maturities in the Uridashi bond market could impact on the Australian dollar in relation to both the yen and the New Zealand dollar according to CBA.

Noted bear SocGen has told clients to prepare for a possible global collapse over the next two years.

A sharp drop in US housing starts took any upside wind out of Wall Street’s sails last night. Dow down 11.

Post the release of the RBA’s minutes from its November meeting the expectation is still for another rate rise in December, but…

The Westpac-Melbourne Institute Leading Index data for September was strong, supporting the bank’s view the RBA will again lift rates when it meets in December.

Stocks finished mildly higher despite a weak US dollar and poor data last night. Dow up 30.

The RBA will raise again, according to the minutes of the November meeting, but the pace of hikes is still open.

Wall Street shot into new blue sky last night on retail sales and some subtle words from the Fed. Dow up 136. (Locked for subscribers until 10:00 AEDST)

China has made a strong start to the fourth quarter, with many number surpassing pre-GFC levels, but monetary policy is still a major question.