Bonds Analysis & Opinion

This article should be read in conjunction with this weekly equity market review.A rate hike of at least 25 basis points was a done deal a few months ago. But recent global and domestic events have...

DoubleLine Capital’s Jeffrey Gundlach says that it’s too early to start buying junk bonds. Although below-investment-grade fixed-income securities have been sliding for more than a year,...

The above chart from the FRED system shows corporate spreads have widened. The Aaa (red line, left scale) rose from 1.6% to 1.9% since the first of the year while the Baa spread (blue line, right...

One of the early signs that a cycle is about to turn down is disorder in junk bonds. That’s because the companies that issue such bonds are by definition financially and/or operationally weak...

Everyone is so focused on looking at the Fed and whether or not it decides to raise rates by a puny 0.25%, that they are completely overlooking the fact that it is the market’s role to set...

IMF head Christine Legarde announced on Monday that the International Monetary Fund intends to lower its growth forecasts due to emerging-market weakness -- 3.3% "is no longer realistic."Let's keep in...

Weekly Large Trader COT Report: 10 Year US Treasury Note CFTC Futures data shows speculators decreased bearish bets for first time in 6 weeks 10 Year Treasury Note Non-Commercial Positions: Large...

As the third quarter comes to an end, we observe municipal bonds, the Federal Reserve (Fed), and interest rates in the spirit of Yankees Hall of Fame catcher Yogi Berra. When you come to a fork in...

Benchmark bond yields of US, Eurozone Nations and Japan dropped sharply last week as bond markets factored in falling growth expectations and lack of inflation/deflation into asset prices.. ECB giving...

The Federal Reserve threw investors a curve ball last week. Until then, Fed officials had shown a clear preference for survey-based measures of inflation expectations. Last week -- seemingly out of...

If you aspire to achieve acceptable returns from bond investments, the Fed is in no hurry to help you. They have other objectives than ensuring a preservation of purchasing power for buyers of taxable...

Lately, the headlines have been dominated by stories about how badly emerging markets (EMs) are doing.Indeed, EM stock markets are down by as much as a third or more in dollar terms. The iShares MSCI...

Weekly Large Trader COT Report: 10 Year US Treasury NoteCFTC Futures data shows speculators increased bearish bets again 10 Year Treasury Note Non-Commercial Positions: Large 10-year treasury note...

The yield on the U.S. 10-Year note closed on January 2nd at 2.12%. It hit its year-to-date low of 1.68% a month later and its YTD closing high of 2.50% on June 10th. It has since fallen 37 bps to...