Bonds Analysis & Opinion

U.S. municipal bonds have had a spectacular first half of the year. As of July 1, they returned 6.2 percent on a tax-adjusted basis, compared to the 2.7 percent for the S&P 500 Index, placing them...

The high forecast by the Hybrid Lindsay model for early last week was delayed for three days by option expiration. Even if the high is seen today or tomorrow, that would still be within the margin of...

In the last trading week, the Bund future formed a clean downward trend. This downward trend is easily visible in the hourly chart, and one can also see that on Friday evening, the Bund began a bottom...

Weekly Large Trader COT Report: 10 Year US Treasury Note CFTC Futures data shows speculators raised bullish bets 10 Year Treasury Note Non-Commercial Positions: Large 10-year treasury note futures...

Ever since the 2008 financial crisis, there has been a persistent shortage of high-quality government debt. More than just a safe haven in times of financial stress—the so-called 'flight to...

Markets Charge Back from Brexit Panic - Central Bank Interference U.S. Interest Rates Until around the 1930s, sterling was the senior currency. During this period, US interest rates were off of the...

This past Monday, as the markets broke out to new all-time highs, I increased net equity exposure in portfolios. However, I also took one other action -- I shorted interest rates to hedge the bond...

10 year US notes are turning slightly down for the last few days, so we are wondering if maybe market finally completed its ending diagonal since we have all the pieces in place. However, it's always...

Investors just can’t get enough of low (and falling) yields. There’s a “nearly insatiable global demand for yield,” observes Aaron Kohli, interest-rate strategist at BMO...

Personally I love junk bonds. Yields greater than typical bonds and a high correlation to the stock market is not a bad combination – typically. In fact, this combination can generate some...

Friday's Nonfarm Payrolls report was insanely strong, yet yields (interest rates) didn't move. Good economic news usually spikes yields because it means the Federal Reserve is more likely to raise...

The SPDR Barclays High Yield Bond (NYSE:JNK) posted a solid 1.5% total return for the shortened four-day trading week through July 8—the best performance among the major asset classes, based on...

Weekly Large Trader COT Report: 10 Year US Treasury Note CFTC Futures data shows speculators raised bullish bets 10 Year Treasury Note Non-Commercial Positions: Large 10-year treasury note futures...

Let's have a look at a long-term perspective on Treasury yields. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and inflation. The range...