Bonds Analysis & Opinion

Money has been moving out of Bonds but many suggest that it is not yet flowing into anything but cash. That could easily be an interim step for the summer. “Hey broker dude, just sell the bonds...

A multi-year increase in yields and drop in prices has begun[Note: I interchangebly refer to a rise in yields as being the equivilent of a decline in prices, and visa versa. Remember, rising yields...

As we head into a very busy week of economic data, the bond market remains drippy with the 10-year yield up to 2.59%. (Just writing that makes me laugh. Who would have thought, only a few years ago,...

The equity market has surpassed its 2007 peak already and the bullish cheerleaders are just jumping up and down for new record highs. However, there is one relationship that has yet to breakout...

The debate is over. It is going to happen. No it is just about timing. Well, if you take a look at the charts of US Treasury yields, they are not waiting for the Bernanke to tell them it is time to...

Earlier, I shared why Detroit’s bankruptcy filing could set a dangerous precedent.The city is trying to force municipal bondholders to accept less-than-full repayment. And that’s never...

The surge in Treasury yields that has occurred during the last three months has caused many analysts to pronounce that the secular bull market in bonds that began thirty years ago has ended. However,...

In our recent commentary on municipal bonds and Detroit, we argued in favor of buying the highest-grade AAA tax-free municipal bond It currently yields more than the corresponding taxable US Treasury...

Don’t sweat it. That’s what municipal bond investors are being told by “respected” financial pundits in the aftermath of Detroit’s $18.5-billion bankruptcy filing –...

By now, we all know Detroit, once a notorious manufacturing hub in the U.S. economy, filed for bankruptcy. The city defaulted on its municipal bonds simply because it didn’t have the money to...

On CNBC yesterday, analyst Meredith Whitney commented that “everybody loses” from the Detroit declaration of bankruptcy.If that is the case, then why in the world are they seeking...

When the herd on Wall Street is moving to one side of the boat, I am inclined to start thinking about moving to the other. Or at the bare minimum, I want to consider getting to the middle.I make that...