Bonds Analysis & Opinion

The US inflation indexed Treasury curve (TIPS curve) has inverted sharply in the short end. The one-year TIPS yield went from negative 2.5% to zero in a matter of four months. The one-year Treasury...

It's premature to call a top in Treasuries, which is not what this piece is meant to do. However as you can see, 30-yr. bond prices have gone virtually straight up over the last 10 weeks. Prices are...

Continued concern over the financial health of Europe -- and Greece, Italy, and Spain, in particular -- sent U.S. Treasury yields plummeting last week, in the case of the ten-year U.S. Treasury, to...

In a world of zero interest rates and macroeconomic worries, there are a limited number of investment alternatives that can provide reasonable returns and allow investors to sleep at night. Stocks...

Note from dshort: Friday we saw Treasury history in the making. Government bonds in the safe-haven countries around the world plunged -- in some cases to historic lows. Of the various US instruments...

The Atlantic notes that 10-year Treasury bond yields have hit a 220-year low: One of these days, the bond vigilantes will show up. Friday was not that day though. Monday's not looking good either. The...

Note from dshort: Financial turmoil in the Eurozone continues to take the spotlight in financial news. But an important sidebar is the sharp decline in Treasury yields. The 10-year note closed the day...

Fixed-income markets signaled a new level of fear on Wednesday with no solutions in sight for Spain and global growth slowing. The yen was the top performer while the Australian dollar lagged. The...

The euro fell near its two-year low against the dollar on Tuesday on concerns about the cost of shoring up Spanish banking system pushed Spanish debt yields to around 6.5%. Pessimism over Greece is...

As expected, the Latin quarter of the eurozone ganged up on Germany on the issue of eurobonds, but Angela Merkel stood fast. But Germany is becoming increasingly isolated. The WSJ report that...

Would you pool your debt with a bunch of debt addicts that have no intention of reducing their wild spending habits?  Of course you wouldn't. But that is exactly what Germany is being asked to...

Here is the Bear Pennant that is plaguing all of the equity indices, some individual stocks, many commodities and, of course, is a copy of the driving Bear Pennant in EURUSD. It is worth looking at...

Remember the bond bubble? Like stocks, bonds are subject to irrational exuberance and are vulnerable to a crash any day now. Analysts have been warning that the end is near for several years....

The old joke says that if you owe the bank $1 million you have a problem, but if you owe the bank $1 billion, the bank has a problem. That is the situation in Europe in a nutshell. The highly indebted...