Bonds Analysis & Opinion

Government bonds are sending mixed messages as political currents roil investors. U.S. Treasury yields have been going up and down as new COVID-19 vaccines show positive results and GDP figures meet...

The U.S. Treasury market is confused, or so it appears. While nominal yields have been rebounding recently, real (inflation-adjusted) rates keep falling, plumbing deeper into the sub-zero realm. One...

The US yield curve, represented on the following weekly chart by the spread between the United States 10-year T-Note yield and the 2-year T-Note yield, has been steepening since the third quarter...

Treasury yields tumbled on Monday as a raft of bad news sent investors to the safe haven of U.S. government bonds.Where to begin? It turns out Democrats don’t have as complete control of the...

Ethereum stole the crypto spotlight after rising to new all-time highs, but market participants seem concerned about whether it could climb further.Key TakeawaysEthereum looks fundamentally strong as...

There has been some to-do among investors about the US 10-year breakeven rate—a market measure of inflation expectations—breaking above 2% and staying there for a few days. It has been...

Bond investors kept their eye on the ball as the prospect of a Democratic president and Democratic control of Congress makes further stimulus and other government spending a near-certainty.Markets...

Government bond investors are sensitive to political developments but this week has provided a surfeit of political convulsion rarely before seen. Nonetheless, markets took it in stride.The surprising...

The yield curve looks pretty good.  Long-term rates still are recovering. The expected date of the first short-term rate hike also appears to be coming closer.  This all seems like good...

The prospect of a substantial sale of EU bonds over the next few years is enlivening the European government bond market after the debut of SURE bonds in October was massively oversubscribed with...

After months of brinksmanship and the posturing that goes with it, Britain and the European Union seem to be getting serious about concluding a last-minute post-Brexit trade deal. Negotiators have...

The implied inflation forecast via Treasury yield spreads continues to creep higher, but today’s November report on consumer prices is expected to reaffirm that pricing pressure remains muted....

The decline of the US Dollar this year has been a bullish force for American investors holding foreign bond funds. The sliding value of the world’s reserve currency is helping offset low and...

The European Central Bank moves to center stage this week, after hinting that it will top up its pandemic emergency purchase program from the current €1.35 trillion. The resurgence of COVID-19 in...