Bonds Analysis & Opinion

On Thursday, February 7, as I do most days, I watched Bloomberg Television’s Surveillance from an exercise bike while sipping my morning coffee. Sara Eisen, Scarlet Fu, Tom Keene, and Mike McKee...

A couple of weeks ago, I wrote a post entitled Stocks cruisin' for a bruisin'. Now it appears that the corporate bond market has fault lines of its own that may crack soon. Citi strategist Stephen...

At Cumberland, we continue to take a harsh view of many California municipal bond credits. We do this notwithstanding the recent upgrade action of a prominent credit-rating agency. At Cumberland, we...

The secular decline in interest rates since 1981 has resulted in bond investors enjoying a thirty year bull market run in most fixed income investments. Since the price of a bond moves inversely to...

Consistent with the growth in corporate bonds (discussed here), corporate commercial paper outstanding hit a new record recently - exceeding the pre-crisis highs. These of course are the largest and...