Bonds Analysis & Opinion

Even though equity markets have struggled to start the year, it should be comforting to note that credit markets have remained relatively calm. Credit spreads are one of the best ways to measure...

Happy Groundhogs Day Everyone? In the classic movie, Bill Murray keeps experiencing the same day over and over again. Yields have hit the top of this falling resistance line and declined several times...

10 Year Treasuries: Large futures market traders sharply added to their overall bearish positions in the 10-year treasury note futures last week, according to the latest Commitment of Traders (COT)...

Three weeks ago I took a trade in the Municipal Bond ETF (MUB) based on this technical review: Municipals Are Interesting For a Trade. It turned out to be a great trade but shook me out on a stop last...

Buy bonds.That seemed to be the thrust of the 2014 Barron’s Roundtable.  After a year that was brutal for all income-oriented investments, the panelists on Barron’s annual...

If the yield on the 5-yr. and 10-yr. Treasury keeps going lower -- and they want to call a bottom and reversal -- technically, this would be a good place for it. The chart of the 5-yr. yield below...

Bonds have begun to come back to life in 2014 as traders began to realize that the Federal Reserve pulling back on its bond buying program is not the end of the world and that sentiment towards bonds...

Weekly CFTC Net Speculator Report 10 Year Treasuries: Large futures market traders slightly raised their overall bearish positions in the 10-year treasury note futures last week, according to the...

In the first auction this year, the 2017 bond (SGBi3107) will be tapped. The real yield curve has shifted up some 5-8bp since the most recent report at the beginning of December. The BEI curve is more...

Bonds have been widely scorned on the assumption that interest rates are set to rise for an extended period. Fair enough, but the world of fixed-income pulls in a lot of territory and so it’s a...

Weekly CFTC Net Speculator Report10 Year Treasuries: Large futures market traders sharply decreased their overall bearish positions in the 10-year treasury note futures last week to the lowest level...

Fixed Income traders must be thanking the stars for the huge disappointment brought about by the latest US NFP numbers. Analysts were expecting a close to 200K print, but the actual number came in at...

Weekly CFTC Net Speculator Report10 Year Treasuries: Large speculators and futures market traders decreased their overall bearish positions in the 10-year treasury note futures last week, according to...

There are several bad examples in municipal finance — Illinois and Kentucky for example, but the worst is Puerto Rico. What is one way that you can tell that things are bad?  People are...