TwentyFour Blog | Read | 2 min 27 Jun 2022 by Mark Holman Treasuries to stabilise amid aggressive Fed hiking With Fed rate hikes continuing and the economy progressing into late cycle stages, Mark Holman presents his expectations from the Fed going into the second half of the year and explains why he believes Treasuries can provide the protection investors may need. Read more
TwentyFour Blog | Read | 2 min 23 Jun 2022 by Pierre Beniguel Will high yields stay high? For all of these observations, there is one common observation – yields did not stay at these high levels for very long. Read more
TwentyFour Blog | Read | 2 min 13 May 2022 by Eoin Walsh Return of bond-equity correlations could offer respite for investors The broad-based sell-off that has faced investors since the start of this year has been all the more painful because of the breakdown in traditional correlations, which has put conventional hiding places out of reach. Read more
TwentyFour Blog | Read | 3 min 26 Apr 2022 by Eoin Walsh Peak hawkishness for rates, but can the consumer handle it? Since the end of last year, central bank officials have been falling over themselves to increase their hawkishness around rates, particularly in the US. Even the ECB Governing Council members have been vocal of late. Read more
Market Update | Watch | 3 min 13 Apr 2022 by Eoin Walsh Multi-Sector Bond Quarterly Update – April 2022 TwentyFour Partner and Portfolio Manager, Eoin Walsh, discusses market conditions in Q1 2022 and provides his outlook for the year ahead. Watch now
TwentyFour Blog | Read | 4 min 7 Apr 2022 by Mark Holman Why inflation risks are still tilted to the upside With inflation running at 40-year highs in many parts of the world, it is easy to get carried away with making comparisons to the dark economic days of the early 1980s. Read more
TwentyFour Blog | Read | 3 min 1 Apr 2022 by Mark Holman Is a soft landing possible? As this remarkable cycle rapidly progresses, thoughts have more recently turned to the chances of a US recession in 2023, and whether the Fed can somehow pull off a soft landing. Read more
TwentyFour Blog | Read | 2 min 22 Mar 2022 by Eoin Walsh Powell confirms Fed pivot is complete Officially the Fed pivoted from its ‘transitory’ inflation rhetoric in December last year. Read more
TwentyFour Blog | Read | 2 min 16 Mar 2022 by David Norris FOMC: Central bankers face conundrum on inflation and growth The much-anticipated March FOMC meeting is finally upon us, and given there was no meeting in February investors will be very glad of this window into the Fed’s thinking, particularly given the ongoing and far-reaching economic ramifications of Russia’s invasion of Ukraine. Read more
TwentyFour Blog | Read | 3 min 14 Mar 2022 by Gary Kirk Investors face conundrum on government bond allocations We think a base case that central banks will follow a more measured monetary policy path than markets are currently pricing in is reasonable given the current backdrop. Read more
Market Update | Read | 8 min 10 Mar 2022 by Mark Holman Letter to investors Global bond markets have moved sharply in the wake of Russia’s invasion of Ukraine as investors have tried to assess the impact of an unprecedented raft of financial and economic sanctions. Mark Holman looks at the potential implications for inflation and growth, and highlights some areas of fixed income where yields have risen to near-crisis levels. Read more
TwentyFour Blog | Read | 2 min 21 Feb 2022 by Gary Kirk Steady Fed makes short end look attractive Escalating geopolitical tensions have contributed to a volatile past week for investors, but uncertainty regarding central bank action continues to dominate the bond markets, with one investment bank now predicting nine straight hikes from the Fed beginning at its March meeting. Read more