Bonds

Bonds Analysis & Opinion

Are Treasury Yields Flashing a Warning Sign for Inflation?

Are Treasury Yields Flashing a Warning Sign for Inflation?

The risk of reflation has been bubbling for several months and yesterday’s economic news on prices in the services sector…
Why Are Bond Yields Rising?

Why Are Bond Yields Rising?

The question asked of us most often recently: “Why are bond yields rising?” After verbally answering it plenty of times,…
Bond Vigilantes Put 5% Yield in Crosshairs

Bond Vigilantes Put 5% Yield in Crosshairs

The US economy continues to roar. December’s ISM purchasing managers survey showed that services activity remains strong. The JOLTS data,…
Grim Decade for Bonds, but High-Yield Credit Wins in 2024

Grim Decade for Bonds, but High-Yield Credit Wins in 2024

Here’s a decade-to-date total return chart for both theAGG ETF, and the Barclay’s US benchmark index courtesy of YCharts. This…
10-Year US Treasury Yield Showing Signs of Peaking Out Near Current Levels

10-Year US Treasury Yield Showing Signs of Peaking Out Near Current Levels

The market premium for the US 10-year Treasury yield rose in October relative to a “fair value” estimate calculated by…
What Is the High Yield to Debt Bonds Ratio Saying About Market Sentiment?

What Is the High Yield to Debt Bonds Ratio Saying About Market Sentiment?

With all the euphoria in the market, junk bonds help calm the noise. Why? Because Firms that issue bonds are…
Will Reflation End the US Bond Market’s Recovery?

Will Reflation End the US Bond Market’s Recovery?

In mid-September, the bond market looked set to coast to a second year of recovery after a bruising run of…
Beat the Market: Invest in These 4 Discounted CEFs for Generous Dividends

Beat the Market: Invest in These 4 Discounted CEFs for Generous Dividends

It’s a party on Wall Street! While the suits fawn over the hot “Trump trade” stocks, we dividend investors are…
Bond Yields May Eye Higher Ground After Soft Jobs Data, Treasury Borrowing Surge

Bond Yields May Eye Higher Ground After Soft Jobs Data, Treasury Borrowing Surge

The job report on Friday delivered a big downside surprise with just 12k jobs created in October. Certainly nowhere near…
Term Premium Is Back – So Are the Bond Vigilantes?

Term Premium Is Back – So Are the Bond Vigilantes?

The Bond Market is saying “This Time is Different”. The Term Premium is on the rise, and it now sits…
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