Bonds Analysis & Opinion

Many investors regard passively managed index mutual funds or ETFs as favorable options for stock investing. However, they may also find that actively managed funds offer substantial advantages for...

President Trump’s comments and executive orders have roiled markets and investor expectations, but from the vantage of the Treasury market, a relative calm prevails. This could change, of course, but...

Several risk factors that could end the bond market’s party, but for the moment US fixed-income markets are having a good year so far, based on prices through Thursday’s close (Jan. 30). Using a set...

We have repeated several times the importance and implications of rising/falling interest rates. And today we come back to this theme while discussing long-term US treasury bond yields. Above, we...

Is this the calm before the storm? Or has the danger passed? The bond market is focused on news and data in the days and weeks ahead that will provide context for answering these key questions....

What weighting between fixed and floating rate securities should be used in fixed-income portfolios? Diversifying between fixed- and floating-rate securities can be beneficial in today's financial...

Interest rates continue to dominate our recent research. And rightfully so. Big swings in interest rates have ramifications for the domestic and global economy. Whether it is falling bond...

In just 4 years, the trend (and investment theme) of low interest rates has been turned on its head. During this time, home and auto loan rates have gone from consumer-friendly to unfriendly. Quite...

Inflation risk is topical again, as I’ve been discussing this week. As a result, the bond market is demanding a higher yield premium to compensate for the possibility that inflation will be higher...

The backup in bond yields since mid-September did not surprise us. But it has surprised lots of other financial pundits, who are warning that this could be bad news for stocks. It could be,...

The risk of reflation has been bubbling for several months and yesterday’s economic news on prices in the services sector fueled new concerns. The bond market is paying attention, or so the renewed...

The question asked of us most often recently: “Why are bond yields rising?” After verbally answering it plenty of times, it’s time to put our answer in writing for everyone to see. The answer will...

The US economy continues to roar. December's ISM purchasing managers survey showed that services activity remains strong. The JOLTS data, albeit a bit stale from November, showed job openings jumped....

In a gripping Christmas-week interview, Mike Maharrey spoke with Michael G. Pento, a noted economist, portfolio strategist, and author of The Coming Bond Market Collapse, to dissect the Federal...