Blog | Conduit Group | Page 17 of 19

Asia Bond Blurb - Thu, 25 Nov 2021

The slump in lower quality China high yield property bonds continued yesterday, prices down as much as 4pts. Better quality names such as Gr

Loose as a Goose

In Australia, a “goose” is a light hearted term to describe someone who is a bit foolish. A more derogatory term might be a “flaming galah.”

Asia Bond Blurb

China HY fell yesterday after the embattled China Aoyuan "surprisingly" hired financial advisor Admiralty Harbour Capital to assess their ca

Asia Bond Blurb

China HY held onto the early 1-2pt gains yesterday. Gainers included Zhenro Properties which repurchased some of its bonds in the ....

The Bullish Case for Japan

The path to investment hell is paved with naive overlay charts. That being said, there is a legitimate relationship between the performance

Asian Bond Blurb

Safe haven global rates rallied on Friday as Covid worsens in Europe. The entire German yield curve fell back into negative territory. 30yr

The Smiling Assassin (The Dollar Smile)

One of the complexities of the foreign exchange market is that the US dollar – as the global reserve currency – can rally in phases of risk

Asia Bond Blurb

Tuesday reversed some of the 4-day gains for China HY, down 3pts on average, on profit taking from real money and tradin

Reflexivity & Consumer Sentiment

One of the more reflexive relationships in markets is the one between asset prices and consumer sentiment. During euphoric phases in the sto

Last Call For Alcohol

In July 2007, Chuck Price the former CEO of Citi infamously proclaimed, “as long as the music is playing, you’ve got to get up and dance,” h

The Shirt-Front on Team Transitory

The disturbing element of October’s inflation print is that two key elements of consumer price index are yet to be fully reflected in the da

Deep Discomfort - Taking on Asian High Yield

One of my mentors used to say that the best trades are often when you feel deeply uncomfortable about the position. Asian High Yield falls i

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