Australian Bond Exchange Holdings Limited (ABE) is an Australian financial services company that leverages proprietary technology to give Australian bond investors access to global financial markets. ABE provides advice and transaction execution services for over-the-counter (OTC) traded bonds, assists with bond issuances by Australian entities, and arranges market-linked instruments that allow private investors to access foreign bonds hedged into Australian dollars.
Recently, the company has experienced significant market movements due to a surge in U.S. inflation to 3.5%, which has caused bond yields to rise. This increase in yields has, in turn, led to a decline in Australian consumer confidence over the past six months.