NOW ep74: In turbulent times, not all bonds are equal

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Not all bonds are equal in a geopolitical storm. Chief Investment Officer for Investec Bank Switzerland Annelise Peers and Investec Wealth & Investment Fixed Income Analyst Awongiwe Booi discuss the role of bonds in times of uncertainty. Listen to the latest episode of the No Ordinary Wednesday podcast.

Podcast key moments:

00:00 – Introduction

01:12 – What impact is geopolitical turmoil having on economies, financial markets and the oil price?

02:36 – How has the bond market reacted to conflicts in the Middle East and the Russia/Ukraine war?

03:44 – What has been the impact of the conflicts and fluctuating oil price on South Africa?

05:32 - How is South Africa’s low growth, high interest rates, sticky inflation and structural issues impacting the local bond market?

06:51 – With strained government finances, how is the global bond market viewing South Africa?

09:10 – Economic growth outlook in major economies

11:27 – What do economic indicators in major markets mean for bond markets?

13:46 – To what extent is Japan a factor?

15:29 – Foreign investors staying the course in emerging markets

18:06 – Interest rates outlook

19:46 – Impact on long-bond yields and currencies

22:44 – Outlook for fixed income markets

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Read more on www.investec.com/now
28 May 2024 English South Africa Business · Investing

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