Fixed Income Market Update: March 2020 • The month was characterized by high volatility across various asset classes especially at the short end as year end redemption pressures for mutual funds and credit concerns were accentuated by the Novel COVID 19 outbreak across the world. The health calamity led to a never before kind of […]
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BO Advisor
Equity Markets Round Up: March 2020
Equity Markets Round Up: March 2020: Covid-19 contagion took centre stage during the month as the number of cases rose 9 fold to over 800,000 by end-March led by US (>160k) and Europe. Market moves were very sharp, taking just one month for the fall in asset prices that in previous cycles took a year […]
Fixed Income Market Update: February 2020
During the month we saw mixed performance across asset classes.3 month to 1 yr CD yields rose as issuance increased. T bill, gilt yields and corporate bond yields fell sharply on back of no extra borrowing announcement in Budget, RBI’s LTRO operations, sharp fall in crude oil prices and fall in global bond yields as […]
Equity Markets Round Up: February 2020
During the month global markets were impacted by the news flow around Coronavirus (COVID-19) as cases spread beyond China to countries in East Asia and then to Italy, Iran and the US. The market falls were broad based as 38 of 40 major equity markets ended down. The MSCI All Country World index (USD) was […]
Fixed Income Market Update: January 2020
Fixed Income Market Update: January 2020 • During the month we saw mixed performance across asset classes. T bill yields rose on back of supply due to CMB issuance. CD yields were stable on back of ample banking system liquidity. Long term corporate bond yields rose due to supply in the 10 year segment while […]