Bonds Analysis & Opinion

The short answer is probably not. Certificates of deposit (CDs) are safer and have a major yield advantage, even after factoring in the tax benefits of municipal bonds. There are two main reasons that...

It always bugs me a bit when a market event that happens for one cause is attributed to another cause merely to advance an easy narrative. The awful 5y TIPS auction Thursday and subsequent flush of...

CNBC broke the story last Wednesday that PIMCO’s Bill Gross was buying Government bonds (see story here) Why does he like bonds now? Could part of the reason be the patterns and bond sentiment...

U.S. corporate CDS are tightening to new lows, as the Fed continues to pump liquidity into the market. The JPMorgan CDX indices which measure spreads for the "on-the-run" CDX (and include rolling into...

What the Bank of Japan is doing is not unprecedented. Rather it is the pace of its asset purchases that is striking. It will do in two years what the Federal Reserve took five years in terms of...

On Thursday the Debt Office will tap SEK1bn of the 2017 bond SGBi3107. We still like the shortest linkers best. So far this year, the shortest linker SGBi3105 has, together with SGBi3102, yielded the...