Bonds Analysis & Opinion

An interesting divergence between US equities and high yield bond spreads has opened up recently. While the S&P 500 Index continues to rise, high yield bond spreads have widened. Usually, however,...

Earlier in the week with yields sitting at 1.94%, we pondered whether or not 10-year yields could push above 2%. Currently that answer is no, as price has broken back through support at 1.91% and is...

The US bond market is closed today in recognition of Veteran’s Day, so this is a good time to take a look at yields and try and determine where they may be headed next.The Fed is on hold (so...

BondsIt seems the best time to be long of bonds was 1981, when few pension funds were. Now would not seem to be a good time to be long of bonds. In 2000, in aggregate 70% of UK pension funds were...

There’s been a broad risk-off move seen in the markets this morning after the latest comments from Beijing suggested that investors may be getting a little bit ahead of themselves in assuming a...

Bond yields have been going up lately, with the United States 10-Year Treasury yield rising to above 1.83%, up from 1.50% in early October. The German bund is up to -0.34% from below -0.70% in early...

The US 10Y-2Y yield curve inverted in August which, based on historical data, means a US recession should be expected somewhere in the second quarter of 2021.Other indicators that have a pretty solid...

Global bond yields have been rising recently, thanks to progress on two yield-depressing events: Brexit and the US-China trade war.The ECB possibly reaching peak monetary easing may have contributed...

August is traditionally a volatile month in the stock markets – and this one is no exception. Already we have seen five large waves of 1,000 pips in the Dow up and down this month. As I noted...

An inversion of the 2 year and 10-year bond yield curves in the previous session sent panic across the markets. The DOW closed down 800 points, below its 200-day moving average as investors sold out...

Core euro zone government bond yields slid towards all-time lows after data showed that a recession in German manufacturing had worsened, prompting investors to increase bets on a more dovish European...

Italy's 10-Year bond yield has dropped more than two percentage points in less than nine months. In October of last year, the Italian bond yield reached 3.69%; now it’s down to 1.54%. This has...