Bonds Analysis & Opinion

The below is Briefing.com’s weekly economic data table. April ’24 PPI and April ’24 CPI are due out Tuesday, May 14th, and Wednesday, May 15th, respectively.Shelter or OER (owners...

Foreign fixed-income markets from a US investor perspective have been an unappealing asset class lately – with a glaring exception: corporate bonds in emerging markets. Year to date, this slice...

Government bond yields and interest rates have been rising all around the world. And investors aren’t quite sure what to make of it.Perhaps there is some complacency that has set in after years...

Bonds are continuing to rally into a fantastic bull trap. Here is the /ZB: The easier-to-trade instrument TLT is obviously sporting the same pattern. We’re just about to close that gap, which...

The one return stat that jumped out at me, was the +0.12% 10-year annual return for the TLT.That’s pretty grim. This is a table updated once a month. The only asset not included is...

Bonds issued by companies with a credit rating of BB or lower by S&P or Fitch, or Ba or lower by Moody's (NYSE:MCO), are considered junk bonds.Junk bonds, or high-yield bonds because the interest...

The market continues to price the US 10-year Treasury yield well above its estimated “fair value,” based on the average of three models run by CapitalSpectator.com.Yesterday’s...

The fundamental outlook for bonds remains questionable at best. The leading indicators of growth and inflation for 2024 suggest both dynamics could put upside pressure on yields. Sentiment toward...

The 10-year treasury bond yield is very closely watched by banks, consumers, and active investors. It is used as a measuring stick for interest rates on loans, bond auctions, etc. When the...

With the FOMC meeting announcement this coming Wednesday, March 29th, 2024, and Wall Street and the investment community still talking about potential interest rate cuts, it can’t be helped but...

The US 10-year Treasury yield continues to trade well above a ‘fair value’ estimate, based on the average of three models maintained by CapitalSpectator.com.The market premium continues to...

By Benjamin SchroederOverall, we think the bearish sentiment can keep going in the near term. For markets, the main focus remains on the assessment of the US macro backdrop, with plenty of data this...

Even if US yields do slip into the weekend, as is quite possible, there are elements next week that will keep the bear phase element to the fore for bonds (watch core PCE carefully). The ECB simply...

Yesterday I outlined the case that several ‘fair-value’ models suggest the current US 10-year Treasury yield appears high relative to the fundamentals.As a quick follow-up, what does a...