Bonds Analysis & Opinion

Despite headwinds of potential contagion emanating from Europe and the possibility of a slowdown in U.S. economic growth, corporate bond yields and the incremental return over U.S. Treasuries, aka...

Earlier we talked about how earnings disappointments can leave corporate bonds vulnerable to underperforming. Despite the strong technical backdrop of the corporate bond market, the recent string of...

It might strike some a hyperbole to accuse the government of stealing taxpayers money – up there with the conspiracy theories around JFK’s assassination or the staging of the Apollo 11...

Last week, we covered how fundamentals on investment grade corporate bond issuers are at risk of faltering given the disappointment in second quarter earnings. Given the headwinds of slowing growth,...

I covered my TLT profitably Thursday, since I didn't want to hold it into the jobs report, and that was the right move (take note of the brief surge Friday morning in bonds). I re-entered my TLT short...

What's New: I've updated the charts through Friday's close. The S&P 500 closed the week at a new interim high. The index is now up 14.34% for 2012. From a longer-term perspective, the S&P 500...

Investment Grade Corporate bonds have had a tremendous run as evident by the decline in yields which has led to outperformance relative to Treasuries. Furthermore, inflows into corporate bond funds...

Previously, we noted that the yield on the 10-Year U.S. Treasury was at a critical juncture and faced a bigger barrier at 1.62/1.63%. Since then, the bond market has rallied past to a recent low in...

This past weekend I noted what has been something strange lately. US Treasuries were moving higher as the US dollar was pulling back. It turns out that this is not so unusual. Digging deeper, the...

ECB President Draghi has stepped up his campaign to buy Spanish and Italian bonds, even though neither country has been inclined to formally ask it to do so. Reports indicate that yesterday he sent...

In late July, European Central Bank President, Mario Draghi unleashed a tape bomb on the markets by pledging that the euro will be defended at all-costs. In particular, the ECB signaled that they...

Several days ago we covered how the escalation of the European Debt Crisis had influenced U.S. Treasury yields since mid-2011. The crisis brewing across the Atlantic had kept a lid on yields despite...

We spend a lot of time on the macroeconomic picture as bond pros since it sets the dinner table for the main meal of investment strategy. Growth and inflation, coupled with monetary policy are one of...

Since the rip down in yields where resistance levels were broken, the yield on the 10-year has been oscillating back in forth in a tight range the past several days. At 1.65% and right above a bigger...