Ausbiz – What is happening with the bond market?
Last week, I joined Juliette Saly on Ausbiz to discuss the bond markets growing instability amid surging global debt.
With total debt to Global Domestic Product (GDP) ratios nearing 200 per cent globally (with a majority of this being attributed to government borrowing) confidence in government fiscal management is waning. The appeal of US 10-year bonds is lowing, due to increasing risk and the likelihood of higher interest rates.
As uncertainty deepens, investors are turning to alternative assets such as gold and bitcoin which hedge against dissipating trust and confidence in governments.
Watch the full episode here.
Chief Executive Officer of Montgomery Investment Management, David Buckland has over 30 years of industry experience.
David is a deeply knowledgeable and highly experienced financial services executive. Prior to joining Montgomery in 2012, David was CEO and Executive Director of Hunter Hall for 11 years, as well as a Director at JP Morgan in Sydney and London for eight years.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
