Bonds Analysis & Opinion

After reading Jason Zweig’s good piece, “Should You Bottle Up Your Money in ‘Baby Bonds’?” I said to myself, “But what does the prospectus look like?” So I...

Earlier we talked about finding value with a bond issued by Transocean (RIG). This type of bond is a good relative value opportunity for investors who prefer a ‘buy and hold’ approach by...

Transocean (RIG) is the world’s largest drilling service provider due to its presence in the market place and as evident by the number of operating rigs. RIG has over 140 rigs in its fleet,...

I've updated the charts below through Friday's close. The S&P 500 is now 7.66% off its interim high set on September 14th, the day after QE3 was announced. We're still above the 10% correction...

ReviewRisk appetite has declined over the past month. Markets are concerned about the slow progress made in Europe and the continued weakness in European data. In the U.S., prospects of tough...

Direction of credit markets will depend on U.S. fiscal-cliff negotiations.Decent -- but not high -- activity in the primary markets.Liquidity management exercise could pick up.Market Commentary Over...

In the last month 30-yr. bonds have appreciated just better than 4.25% lifting prices to their highest level in 3½ months. As one can see from the chart below, that has put prices of December...

Modern financial theory dictates that sovereign bonds are the most “risk free” assets in the financial system (equity, municipal bond, corporate bonds, and the like are all below sovereign...

Since the Presidential election, managed care health care stocks have been battered on concerns that profit margins will be squeezed. The re-election helped clarify the future of health care overhaul...

The holy grail of investing is a market timing method that gets you out of the market on bad days and gets you in for the good days. There are innumerable methods for doing this, ranging from slogans,...

High yield bond issuance hit an all-time record in 2012, with $306 billion worth of new HY bonds coming to market by the end of October. In fact September was an all-time record month for new issue -...

The municipla bond market was moribund last week in the wake of Superstorm Sandy. Almost all deals were postponed as both buy-side and sell-side participants were sidelined by this terrible storm. We...

Yields on some corporate bonds are trading below their U.S. Treasury counterparts suggesting dwindling credit risk in the bond market according to the Wall Street Journal. In the article “The...