Bonds Analysis & Opinion

While the mainstream financial media focuses on the U.S.-China trade-war – macro-speculators are eyeing global yield curves – which are now signaling trouble. But according to this...

Treasury yields are falling. They've dropped below 2.3 overnight, to the lowest since 2017, as investor demand for safety surges.The current yield is the lowest since mid-October 2017, suggesting...

Bond yields have started to break down, and if today's chart is anything to go by, it's entirely possible we'll see a further push lower in yields.The May round of flash PMIs brought mostly...

10-Year Note Non-Commercial Speculator Positions: Large bond speculators continued on their path of higher bearish positions in the 10-Year Note futures markets this week, according to the latest...

Trade wars. Tariffs. Trump. One might think that the “Ts” are solely responsible for financial market volatility.In truth, a wider variety of cross-currents are at work. Some have been...

The “barbell” approach to bond investing typically involves buying a long-term bond fund or ETF and a short-term bond fund or ETF. The idea is that the long-term component provides the...

While the dominant market narrative is that U.S. President Donald Trump’s sanctions against Huawei is what’s driving Treasurys up, muted reactions from the other safe-haven investments,...

Maybe it’s a reaction to the recent escalation in the US-China trade conflict. Or perhaps the crowd is turning more cautious because of the runup in global equity markets earlier in 2019 before...

U.S. fixed income was already on a roll this year, but this week’s renewed concerns about the U.S.-China trade battle have strengthened the bull market in bonds as a fresh run of risk-off...

Are junk bonds about to send stocks a concerning message to stocks? They might be worth watching very closely for hints right now! This chart looks at junk bond ETF (NYSE:JNK) over the past 6-years....

Municipal performance has been strong as a result of low supply, high demand, and lower rates.After some states reported revenues tracking well below projections in January, fears of a substantial...

10-Year Note Non-Commercial Speculator Positions: Large bond speculators cut back on their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of...

Federal funds are up again. As of yesterday, the 29th, the effective rate (EFF) is now 5 bps above IOER. That takes it to within 5 bps below the top of the Federal Reserve’s policy range....

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