Bonds Analysis & Opinion

I’ve seen a number of articles recently arguing that high yield bonds are still cheap. Today I began an investigation to analyze this claim.Here’s my bias: at the first investment shop I...

Today the Swedish National Debt Office (SNDO) published details on the new 20y government bond. The bond, named SGB1056, will mature on 1 June 2023, and it will be introduced through a syndication in...

Prime Minister Harper delivered a very important speech in Davos this week on the need to adopt new measures to ensure the long-term sustainability of social programs in Canada. After his recent...

If someone were to ask me my opinion on Junk Bonds at present, fool that he would be to ask me because I know real experts elsewhere, I would say this: They are good for a speculative trade, but dumb...

Sometimes a picture really is worth a thousand words... and a couple of centuries. Graphing 222 years of U.S. long-term interest rate history isn't exactly actionable information, but it's damn...

Eurozone forecast  Growth and inflationThe economic data are consistent with the eurozone being in a recession in Q4 11 and going into 2012. However, there are tentative signs of stabilisation in...

The yin and yang of the Chinese economy was on display Wednesday as disappointing housing data followed up yesterdays upbeat data. The euro is strong to start the day while the US dollar lags. The...

I wish that I had an "aha moment" to share with you today, but instead all I have is an "ack moment" to share.  As I was analyzing all of the info coming out of Europe in recent days, I came to...

EFSF risks downgrade, Troika returns to Greece after PSI talks stall, US markets closed for Martin Luther King DayStandard and Poors finally delivered on their December threat to downgrade France to...

The downgrade of nine Eurozone members on Friday was headline news around the world. Some elements of the British press wrote with glee that France had been downgraded one notch to AA+ by Standard...

It won’t be a surprise for you if I told you that Standard & Poor has downgraded nine eurozone countries last Friday. The downgrades were not even a surprise for the markets since most of...

S&P downgraded nine euro area countries on Friday night after the US close. France and Austria were downgraded by one notch, while Italy and Spain were downgraded two notches. Germany, Finland and...