Episode 41: Government Bond Yields Hit 5%; Buying Bank Bonds Yielding 7.5%; Why Fixed-Rate Bond Duration is Attractive; Fed Makes the RBA Look Like Sleepy Hollow

Complexity Premia

Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. The Complexity Premia podcast strives to deconstruct modern investment problems for wholesale (not retail) participants in capital markets. You can listen on your favourite podcast app, or you can find it on Spotify, Podbean or Apple Podcasts.

In this exciting new episode of the Complexity Premia podcast, Chris and Ying Yi discuss a range of important developments shaping the current economic climate, including:

• Why the US Federal Reserve is making the RBA look like sleepy hollow
• What government bond yields around 5% pa mean for the pricing of all assets
• The emergence of big bank bond yields as much as 7.5% pa
• Why massive consumer savings buffers are delaying this hiking cycle
• Thinking about optimal asset-allocation between floating-rate and fixed-rate bonds
• Why fixed-rate bond duration is looking very attractive
• Why this default cycle is getting nastier and creating problems for loans and risky debt securities

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