Bonds Analysis & Opinion

Last year we discussed just how frothy the US fixed income valuations have become (here and here). Now in a matter of several weeks, the US bond markets have wiped out a year's worth of gains and then...

A knowledge of the laws of prices is essential for personal business success because every business transaction involves a guess as to the future of prices. Such knowledge not only is essential for...

I want to have a good look at bonds today but first I’ll look at the IHS patterns that we’ve been watching develop since I posted the first chart looking at this possibility on SPX last...

What's New: I've updated the charts below through yesterday's close (June 11). The latest Freddie Mac Weekly Primary Mortgage Market Survey, out last Thursday, puts the 30-year fixed at 3.91%. That's...

The Bank of Japan’s nonchalant approach towards recent volatility in the government bond market has left investors feeling let down, but a look at historical yields could tell you just why the...

Treasuries dropped on concern the biggest monthly surge in yields since December will prompt investors to sell government debt as a hedge against losses on mortgage bonds as borrowing costs climb to a...

It seems to me that interest rates are probably reaching a short-term high and, therefore, resulting in forthcoming bond strength. Here are rates for ten-year notes, which, strangely, come across the...

This month we will see large index duration changes on the ordinary rebalancing day on June 12. The covered bonds with maturity in June 2014 will be eliminated from the bond indices and since these...

Inflation will set the agenda in both Sweden and Norway. In April we saw a significant move higher in Norwegian core inflation and the opposite in Sweden. This divergence is expected to reverse in...