Bonds


The Corporate Bond Market’s Utter Faith in the U.S. Economy

U.S. companies can now unload their debt at the lowest rates so far this year.

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Mortgage Rates Tumble to Early April Levels. Thank the Softer Jobs Report.

Mortgage rates move in parallel with the 10-year Treasury yield, which fell last week after signs of a weaker economy.

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Rates Are Falling. It’s Time to Rethink Your Bond Strategy.

Fixed-income strategists say to stick with five-to-seven-year maturities and add a yield boost with private credit, agency mortgages, or high-yield municipal bonds.

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Cash’s Heyday Is Coming to an End. What to Do Next.

Retirees should consider locking in higher yields on cash and bonds while they still can.

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Bond Funds Are Supposed to Be Better Than Indexes. Not This Year.

Actively managed bond funds are having a terrible year.

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First Weak 10-Year Auction in Months Briefly Boosts Yields

The market has seen five consecutive strong 10-year auctions, but Wednesday’s $42 billion sale of 10-year debt saw weak demand.

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Treasury to Sell Record $100 Billion in 4-Week Bills

The government is choosing to fund itself with short-term debt while long-term rates remain high.

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10-Year Treasuries Mark a Not-So-Happy Anniversary as Returns Tank

It paints a grim picture of longer-term government bonds for this recent period.

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The Bond Market’s Fear Index Has Reawakened From Its Slumber. Brace for Volatility.

The bond market looks like its ready to break out of vacation mode.

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Weak Jobs Report Sparks Big Rally in Short-Dated Treasuries

Shorter-dated Treasuries saw the biggest decline in yields Friday.

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Treasuries Typically Rally Before a Long-Awaited Fed Rate Cut. Trading on That Is Still a Gamble.

Treasury yield declines can signal whether the Fed will cut interest rates. But where they land after a cut is another story.

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What Would Help Mortgage Rates Fall More Than the Fed

Mortgage rates are based more on forward-looking economic and monetary expectations than Fed decisions.

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Treasury Refunding Brings More T-Bills and Buybacks

It plans to continue selling the same amount of longer-term U.S. debt in the current quarter as it has for the past five quarters

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Japan Trade Deal Means Less Inflation. Bonds Are Pricing It In.

Lower average effective tariffs mean U.S. businesses might pay less for imports.

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Sarepta’s Troubles Show Risk, Investor Opportunity in Biotech Convertible Bonds

There are about $10.5 billion of biotech convertibles outstanding, roughly 3% of the $305 billion market, according to BofA Securities. 

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Powell Ouster Threat Boosts Bond Market’s ‘Cleanest’ Trade

Traders believes that Trump’s campaign against the Fed could steepen the yield curve, and they are betting on a widening spread between short- and long-duration Treasuries.

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Japan’s Youthquake Leaves a Political Muddle. Bonds Could Suffer.

Younger voters in Japan are looking for cuts in taxes that they see being funneled to seniors.

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Japan’s Ishiba Vows to Hold On to His Job After Elections

If the current ruling party loses its majority, the country’s waters could become uncharted at a critical time.

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Trump Wants to Cut Deficits. Powell-Bashing, Stablecoins, and T-Bills Could Help.

The president wants to reduce the trillion-dollar interest cost of the government. To do so he needs the Fed to slash rates, Treasury to hike T-bill issuance, and stablecoins to boost demand.

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The Dollar Is Having a Sunny July. What’s Behind the Latest Gains.

The dollar index has rallied 2% this month and could find further support, an ING strategist says. Plus, investment newsletter commentary on retail sales, bond vigilantes, money supply, and microcap stocks.

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Why These Active Bond Funds Are Worth a Premium

It’s a good time to consider active funds with flexible mandates to play offense and defense amid uncertainty about the macroeconomic environment.

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What S&P 500, Bond, and Gold Charts Tell Us About Where the Stock Market Goes Next

Warning signs abound following a mega-rally off the April lows.

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The 60/40 Portfolio Doesn’t Work Anymore. Why It Might Still Make Sense.

A mix of stocks and bonds is typically a smart asset-allocation move. But the strategy has lagged behind the market in the past few years.

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The Market Is Ignoring the War in Ukraine. It Shouldn’t Be.

Wall Street is being perhaps too glib about the conflict between Russia and Ukraine.

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A Treasury Bill Deluge Is Here. What Could Go Wrong

The department is issuing billions of short-term debt. Wall Street is watching to see if it trips up the funding market.

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