Bonds Analysis & Opinion

Recently the Fed announced that the $85 billion bond purchase by the Treasury will continue. Up until this point the financial news media seemed sure that the Fed would pare back their stimulus...

Bill Gross’s monthly investment outlook is invariably worth reading, and this month is no exception. His writing is engaging as well as insightful, and as the overseer of $2 trillion in assets...

After what can only be described as a miserable summer for the municipal bond market, the muni market came back to life in the second part of September. Really cheap blocks of 5%+ yields became harder...

If you have been reading this blog for long enough, you would understand that I am extremely negative on Treasury Bonds (actually almost all bonds). The view stems from the fact that interest rates...

From the summer lows in June of last year to May of this year, the Junk Bond ETF (JNK) and the S&P 500 moved higher together (see green shaded area below), which, if history is a good guide, was a...

US bonds are still pushing higher, now at the new high of the week within wave 5 of 3) targeting 121.26 on five year and 126.70 on 10 year US noted. Correlation with USD is still negative so EUR...

I’ve received two notes recently on Closed-end Leveraged Muni Bond Funds. Here’s one: David, I have been asked several times about the Blackrock Target Term Municipal Bond Trust...

Credit Peter Thiel, Blackrock’s deputy chief investment officer for fundamental fixed income, for providing an honest assessment of the outlook for fixed income. “Overall returns of the...

Tap auction in SGBi3107. Given the last auction, favourable pricing and this linker bond standing out among the others as being expensive in the repo market, we expect the auction to be well...

The price of Treasuries pushed up higher yesterday once more, despite stock prices falling on more QE tapering fears. This is the 2nd consecutive day this has happened. As it is rare that bonds and...

I really enjoyed answering the “Ask Our Pros” questions at RealMoney. I answered the following on May 11th, 2005, and would add in Jeff Gundlach and Ed Meigs as active managers: Ask Our...

It was interesting to see US10Y prices climbing yesterday even though stock markets traded lower on supposed QE tapering fears. If indeed stock tapering fears were the main driver for...

This was written on July 16, 2004. I republish it now because it cannot be found on RealMoney’s website. If you subscribe to RealMoney, demand that you can see my old posts.Tighter corporate...

Ten-Year Government of Canada Bond December hit our buying opportunity at 127.65/60 with stops below 127.50 on Friday and this trade worked perfectly as we bottomed exactly at 127.56.128.30/40 is...