top of page
  • Writer's pictureEdward Ballsdon

March Research Review

Updated: Apr 22


Comprehensive monthly review covering the following topics:


  - Private Sector Debt Dynamics: a headwind for future growth

  - Inflation: Rental Markets, Australia

  - The Unemployment Cycle

  - The Business Cycle


  - Fixed Income:   Unlikely money market expectations

  Real Yield relative value

  Not all bond yields between a rock and a hard place

  AUD/CAD Yield Curve anomalies and Box compression

  OAT repricing

- FX:     Yen & CHF

  GBP & AUD (and SNACS) 



- Debt dynamics

- Inflation trends

- Poor policy options



15 views0 comments

Recent Posts

See All

"SRY"s, cross market yield spreads and FX implied vol

RESEARCH CONTENT This research breaks down the historical post 2014 changes in "Simple Real Yields" of 6 countries into 4 stages, contrasting the moves against inflation and economic surprise indices.

Chart Packs: CPI Summaries

RESEARCH CONTENT Individual summaries of data and charts for US CPI UK CPI Japan CPI AUD CPI CAD CPI EUR CPI SEK CPI Each chart pack highlights latest data, Choice and Burden sub-indices, base effects

The deleveraging US consumer and implication for yields

RESEARCH CONTENT Personal Consumption Expenditure (PCE) makes up approximately 68-70% of the US’s GDP. Probably in large part due to tighter monetary policy and the high cost of debt, it should not co


bottom of page