Bonds Analysis & Opinion

We’ve followed the small business optimism and consumer sentiment indicators as a good barometer for the “mood” around the economy. However, these aren’t always great predictors of future economic...

For investors seeking tax-advantaged income, municipal bonds should not be the sole option considered in fixed income. Preferred securities, issued primarily by investment-grade companies, currently...

The market premium for the US 10-year Treasury yield continued to rebound in November vs. a “fair value” estimate calculated by CapitalSpectator.com. The increase marks the second straight monthly...

Yesterday, the Chairman of the Federal Reserve, Jerome Powell spoke. Some highlights U.S. BUDGET IS ON AN UNSUSTAINABLE PATH; REVENUE AND SPENDING NEED TO BE BETTER ALIGNED CENTRAL BANK CAN NOT TAKE...

1-year annual returns for a number of the bond market asset classes slid lower in November ’24, thanks primarily to the strong stock market rally after the re-election of President-elect Trump, but...

Credit spreads are critical to understanding market sentiment and predicting potential stock market downturns. A credit spread refers to the difference in yield between two bonds of similar maturity...

With inflation-adjusted interest rates firmly in positive territory, bonds remain a good choice for income and portfolio diversification. Investors can now benefit from taking on more interest-rate...

There’s little about recent history that reflects stability, with at least one exception: the average trailing payout rate on a globally diversified portfolio. There’s been a lot of churning in...

Fifteen months ago, we contrarians started the bond bandwagon. It’s hard to believe now, but back then the financial suits hated fixed income. We faded their fears, bought bonds and benefited. Now,...

The market premium for the US 10-year Treasury yield rose in October relative to a “fair value” estimate calculated by CapitalSpectator.com. The increase marks the first time since April that the...

With all the euphoria in the market, junk bonds help calm the noise. Why? Because Firms that issue bonds are generally looking to raise capital for growth, expansion, debt restructuring or other...

In mid-September, the bond market looked set to coast to a second year of recovery after a bruising run of back-to-back losses in 2021 and 2023. Since then, the market has lost altitude. Although a...

It’s a party on Wall Street! While the suits fawn over the hot “Trump trade” stocks, we dividend investors are going to dumpster dive. Hey, we have no shame. We’re talking about yields from 7.8% to...

The job report on Friday delivered a big downside surprise with just 12k jobs created in October. Certainly nowhere near my model’s estimates, but then again, given the size of revisions over the...