Bonds Analysis & Opinion

Still no pre-commitment to more easingAs expected, the Federal Reserve cut its target range by 25bp to 1.75-2.00%. Not very surprisingly we had three dissenters with Rosengren and Esther calling for...

Bund December Contract Daily Forecast - September 19, 2019 Bund strong resistance at 173.25/30. A break above 173.45 targets 173.61/65, perhaps as far as strong resistance at...

The Federal Reserve delivered the widely anticipated 25 bp rate cut, but by not validating expectations for another cut. The market reacted is if they wanted to clearer dovish signal. The dollar...

No, the title is not related to today's Fed decision. It is something related to corporate liquidity. Strains in the short-term funding market added an unexpected twist ahead of Wednesday's FOMC...

Bund holding below minor resistance at 172.85/80 targets 172.60 and 172.40. Support at the low last week at 172.22/18. Further losses target 172.00, 171.85/80 and 171.68. A break lower...

In Part I here, I highlighted a 4-bond index portfolio (convertible bonds, high yield corporate bonds, long-term treasury and intermediate-term treasury) that:*Gained almost as well as long-term...

10-Year Note Non-Commercial Speculator Positions: Large bond speculators reduced their bearish net positions in the 10-Year Note futures markets again this week, according to the latest...

Another round of central bank easing is underway. So why are bond yields rising?The 10-year US Treasury bond yield rose from a recent low of 1.47% on 9/4 to 1.72% on Tuesday. The record low was 1.37%,...

U.S. Treasury Bond Yields – 2, 5, 10, 30 Year DurationsThe past year has seen treasury bond yields decline sharply, yet in an orderly fashion. This has spurred recession concerns...

Global bond yields rose on Tuesday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy this week and rising hopes that Berlin could...

An inverted yield curve is said to be indicative of a recession. Why? Because the last 7 recessions were all preceded by an inverted yield curve. The yield curve we are referencing is the...

The bloom certainly seems to be off the Treasury Bond rose as of late. During the all-too-brief drop in equity prices, bonds and gold were the two safe havens. Both of these have been...

Are junk bonds about to send stocks a bullish message? A breakout test is in play that will go a long way to answering that question. Junk Bond ETF JNK is currently testing the January...

Suddenly everyone is once again singing the praises of long-term treasuries. And on the face of it, why not? With interest rates seemingly headed to negative whatever, a pure play on interest rates...