Bonds Analysis & Opinion

Earlier this year I discussed the fairly dramatic change in my view on long-term government bonds. In essence, I said that bonds were irrationally priced given the low likelihood of deflation that the...

SummaryJunk bonds (1) appear to be fairly valued relative to treasuries, (2) their underlying default levels are not ticking higher and (3) based on their short history, they will not likely lose...

There are two separate but related developments that are lifting the euro to its best level in three-months against the US dollar.First, the US economy is off to a disappointing start to Q2 after the...

Did key bond ETF’s create long-term double tops over the past couple of years? The above 3-pack takes a look at three different bond ETF’s. (ARCA:AGG) and (ARCA:LQD) earlier this year...

We have produced this ratings model to assist investors in assessing relative sovereign risk over a wide range of Developed Markets (DM), 29 in all. Scores directly reflect a country’s...

Yesterday’s much weaker than expected US retail sales report initially caused the US 10-Year Treasury bond yield to fall in the morning. Then it spent the rest of the day moving higher. The...

European government bond yields have suddenly reversed course, and after a multi-year rally we have seen a historic jump in yields. There is no longer a QE 'scarcity premium' in German bonds and...

There has been lots of talk lately about a bond market top. This type of talk has actually been happening on and off for a few years. To our surprise we find we have not written a bond specific report...

Rates have been on the rise since the first of February this year. Of late, both the U.S. 30-Year bond and U.S. 10-Year note are blowing right through resistance.Bond players might want to respect...

Buy on the rumor, sell on the news. That ancient bit of trading advice seems to describe last week’s data for Treasury yields. In the days leading up to Friday’s report on payrolls for...

The fierce fixed income sell-off has been mostly technical in nature and in our view created value in the short end of the German yield curve. However, increasing US yields ahead of the first Fed hike...

Investors are so used to trading ETFs that they seldom ask themselves questions about how those ETFs are constructed. In the event of major market disruptions, though, that could prove problematic --...

Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note CFTC Futures data shows speculators advanced their bearish bets10-Year Treasuries Non-Commercial Positions:Large 10-year treasury...

Friday’s jobs report in general -- and the sluggish wage component in particular -- have weakened the ProShares UltraShort 20+ Year Treasury (ARCA:TBT) by pressing long rates lower.However, my...