Always respect the bond market

Always respect the bond market
(Image: Getty)
Simon Robertson
Every decade or so, the bond market tends to check you and show you who is in charge.That reverberates across all the interconnected capital structures.EquitiesI am an equities guy. I love studying business models, management teams and market structures and predicting who the winners and losers will be. Global equity markets are a US$111 trillion (NZ$185t) pond, frequently moving above and below the surface.BondsThe bond market is similar, at US$100t (73% sovereign bonds or "govies" and the rest is corporate bonds).  Bond ma...

More Markets

NZ sharemarket up on Manawa takeover proposal
Markets Market close

NZ sharemarket up on Manawa takeover proposal

The S&P/NZX 50 Index gained 9.64 points or 0.08% to 12,642.47.

Graham Skellern 11 Sep 2024
Contact’s Manawa takeover: the details
Markets

Contact’s Manawa takeover: the details

Contact expects dividend uplifts within two years from the Manawa purchase.

Pattrick Smellie 11 Sep 2024
Briscoe Group reports positive half-year result despite profit drop
Markets

Briscoe Group reports positive half-year result despite profit drop

Briscoe Group has reported a positive half-year result, but its performance is down compared to the same time last year.The group reported a net profit after tax of $33.21 million to July 28, down from $42.75m for 1H2023.The group did face a one-off tax adjustment due to changes...

Staff reporters 11 Sep 2024