All themes
Interest rates
66 managers wrote about this in 134 letters. Every passage below is copied verbatim from the letter it came from.
Share of letters mentioning it
- 2026 Q144% of 54
- 2026 Q230% of 296
- 2026 Q336% of 53
- AcatisAug 2026
In addition, rising interest rates have also led to growing pressure on margins in the mortgage business.
Read the letter → LEADERS AND LAGGARDS Leaders BOC Hong Kong was up 23.2% in July, supported by a broader rotation into Hong Kong banks and expectations for higher Federal Reserve interest rates that could sustain net interest margins for longer (the Hong Kong dollar is pegged to the US dollar).
Read the letter →- Guinness Sustainable Energy FundAug 2026
The LCOE of solar and wind remained broadly flat versus 2023 data, as the impacts of higher interest rates, plus the 2022/23 inflation cycle, were offset by greater economies of scale.
Read the letter → - Loomis SaylesJul 2026
Government Debt & Policy Developed market interest rates are still near their highest levels of this cycle.
Read the letter → Earlier this year, President Trump nominated a new Chair, Kevin Warsh, to the Federal Open Market Committee (FOMC), which sets interest rates and releases statements on the macroeconomic outlook.
Read the letter →Earlier this year, President Trump nominated a new Chair, Kevin Warsh, to the Federal Open Market Committee (FOMC) that sets interest rates and releases statements on the macroeconomic outlook.
Read the letter →- ACATISJul 2026
The fund invests globally in stocks, REITs, bonds, profit participation certificates and other innovative investment instruments, such as income trusts or certificates that contain financial indices, stocks, interest rates and foreign currency as the underlying asset.
Read the letter → - Jacob Funds ManagementJul 2026
Investments in debt securities typically decrease in value when interest rates rise.
Read the letter → In part it is because there is unusually high uncertainty about the path of interest rates, geopolitical disruption and the trajectory of AI.
Read the letter →The moribund housing sector will take off when the market anticipates a drop in interest rates.
Read the letter →Higher energy prices and resilient economic activity caused investors to reassess the likely path of interest rates, pushing sovereign bond yields higher and weighing on bond prices during the early part of the year.
Read the letter →The European Central Bank (ECB) raised interest rates on 11 June, its first hike since 2023.
Read the letter →- Guinness Greater China FundJul 2026
That was a period defined by globally low interest rates and, with the benefit of hindsight, excessive market optimism.
Read the letter → - Guinness China RMB Income FundJul 2026
Given internal rate cuts and the dollar's persistent strength, the PBOC has been managing the currency's daily trading band.
Read the letter → - Guinness Multi-Asset FundsJul 2026
Central banks remained vigilant on inflation leading to the ECB raising rates by 25 basis points and the Bank of Japan increasing rates to 1.0%, whilst the US Federal Reserve and Bank of England maintained rates.
Read the letter → - CDT Capital VNAVJul 2026
The lack of details *Source: Seeking Alpha, Federal Reserve, CDT -1.28% Risk is Expensive 1-Jul-26 15-Jul-26 29-Jul-26 10yr.
Read the letter → - CDT Capital VNAV StrategyJul 2026
The lack of details *Source: Seeking Alpha, Federal Reserve, CDT -1.28% Risk is Expensive 1-Jul-26 15-Jul-26 29-Jul-26 10yr.
Read the letter → - REQJul 2026
The low-interest rate decade sent a wave of new acquirers down the same path; some have travelled it with real discipline, but many, despite early promises and tempting valuations, are still stuck at the start.
Read the letter → The People’s Bank of China will likely hold interest rates steady for the time being due to global geopolitical uncertainty.
Read the letter →He avoided giving guidance on the path for interest rates but struck a more hawkish tone than many anticipated.
Read the letter →- Matrix Asset AdvisorsJun 2026
Interest rates were flat to modestly higher across the yield curve during the quarter.
Read the letter → This effect was led by the front-end of the curve driving the rally in the second quarter, after markets began to readjust expectations for central banks hiking interest rates.
Read the letter →- Ninepoint PartnersJun 2026
James Fox John Wilson Co-CEOs & Managing Partners Ninepoint Partners LP 5 Rate Risk Is Back The war in the Middle East is a thorny problem for central banks – higher prices and lower growth are not problems that interest rates are well suited to solve.
Read the letter → - Hoisington Investment ManagementJun 2026
Because investment must ultimately be financed by either domestic saving or foreign capital, persistently low saving implies greater dependence on foreign financing, higher real interest rates, or the crowding out of productive investment.
Read the letter → - PM CapitalJun 2026
On inflation, our longstanding investment thesis of persistent 'sticky' inflation and higher-for- longer interest rates became more apparent during the June quarter.
Read the letter → Exchange rate risk Fixed interest securities are particularly affected by trends in interest rates and inflation.
Read the letter →With inflation higher on a technical basis, and second-round effects also likely to push inflation higher as workers look for higher wages to offset higher cost of living, central banks are likely minded to increase interest rates from current levels.
Read the letter →(Reflects the assumed 3% interest rate differential between interest rates in Britain vs. the US, or $22,500 loss).
Read the letter →EPM techniques risk Fixed interest securities are particularly affected by trends in interest rates and inflation.
Read the letter →These risks relate specifically to market risk, management risk, credit risk, liquidity risk, the risk of mispricing or improper valuation of derivatives and the risk that derivatives may not correlate perfectly with underlying assets, interest rates and indices.
Read the letter →- Baron Real Estate StrategyJun 2026
We are clear-eyed about the headwinds: elevated interest rates, housing affordability pressures, and AI-driven disruption are real considerations.
Read the letter → - SVN Capital FundJun 2026
The last several years have been unusually macro-heavy: • 2020: COVID-defined; • 2021: supply-chain disruptions and reopening inflation; • 2022: the war in Ukraine; • 2023: the impact of inflation and interest rates; • 2024: higher-for-longer rates, elections, and geopolitical tension; • 2025: tariffs took center stage; and • 2026: the Iran war.
Read the letter → There are plenty of positives going forward, yet the general backdrop of uncertainty and volatility is likely to persist as uncertainty in oil supply and prices, volatility in inflation and interest rates, not to mention the geopolitical unpredictability continues to remain in place.
Read the letter →- Tweedy, Browne Fund Inc.Jun 2026
Oil transport began moving again in fits and starts in the Strait of Hormuz which helped to alleviate concerns somewhat about the potential for spiking oil prices and their derivative impact on inflation and interest rates.
Read the letter → The ECB and BOJ hiked interest rates in an effort to fend off energy-related inflationary pressures, and the BOE held rates steady.
Read the letter →Lower oil prices may do more than just remove an economic overhang; they can also set the stage for lower interest rates.
Read the letter →The ECB and BOJ hiked interest rates in an effort to fend off energy-related inflationary pressures and the BOE held rates steady.
Read the letter →Last quarter we spoke of an increasingly gloomy domestic backdrop with households and businesses facing renewed inflationary pressures and market expectations for multiple rate hikes, despite higher interest rates unlikely to be an efficient policy response to an external supply shock and a weakening domestic backdrop.
Read the letter →- ACATISJun 2026
Second- and third- round effects are imminent, so that central banks have to take ac- tion by raising interest rates.
Read the letter → - PM Capital Global Companies FundJun 2026
The primary drivers were the continuation of a supportive interest rate environment and the emergence of sustained lending growth across Europe.
Read the letter →
Showing the 40 most recent of 134 letters.