Bonds Analysis & Comment

When I started working in the financial markets, bond traders were the cool kids. The equity guys drove Maseratis and acted like buffoons, but the bond guys drove sensible style like Mercedes and...

The Federal Reserve raised interest rates again this week and Chairman Jerome Powell says more hikes are coming. The bond market disagrees.The 2-Year Treasury yield – widely monitored as a proxy...

I was going to write a technical column today about how the sensitivity of bonds (and consequently, lots of other asset prices) to interest rates increase as interest rates decline, and discuss the...

Interest rates have risen rather quickly as the Federal Reserve attempts to fight inflation. Will the move be a case of too far, too fast?Today’s long-term monthly chart of the United States...

Important inflation data hits Tuesday before the Fed finishes its final meeting of the year on Wednesday Corporate bond spreads should continue to be monitored, but we are not seeing significant...

The past few years have seen extreme volatility in the bond market, equating to similar interest rate fluctuations.And it all started with the onset of the coronavirus. The initial panic decline in...

Weaker domestic inflation and lower dollar tailwinds for international fixed income Emerging market bonds have rallied sharply off their October low Continuation likely, but gains could be...

For someone who uses the bond markets as important indicators to the macro analysis, I am the furthest thing from an astute bond trader and am certainly not a bond investor. This probably owes to the...

The recent rise in real yields for inflation-indexed Treasuries (TIPS) looks compelling for locking in relatively attractive payout rates, but the usual risks with bonds still applies. That...

2-year Treasury rates could be on their way to between 4% and 4.25% Fed monetary policy could be the main driver The 2-year appears to be breaking out from a technical standpoint Rates have been...

Treasury rates fell sharply as interest rate volatility dropped High-yield bonds rose big last month, but uncertainty lies ahead Traders monitoring important technical pattern on U.S. 10-year yield...

Avoiding another 75-basis-point hike in September looks tough Policymakers say focus should be on inflation, not recession Central banks, including the Fed, made mistakes that have led to...

Fed policymakers leaning to 75 basis-point hike this month FOMC voter Bullard calling for 4.0% policy rate by end-2022 ECB faces dilemma as Russian gas cuts dampen economic outlook Federal Reserve...

The MOVE Index measures Treasury rate volatility through options pricing Daily bond market swings are the wildest since the Global Financial Crisis  Yield volatility and credit spreads are key...