After soaring continuously for the last 10 days in anticipation of this week's FOMC meeting, US rates are taking a breather. The monetary policy sensitive 2-year yield has risen more than 12bps since ...
As may have been expected, there was a clear lack of monetary policy announcements during this year’s Jackson Hole summit. Yellen already pretty much confirmed the start of balance sheet ...
Unanimously, the FOMC members have taken a decision to keep the Fed fund rate unchanged between 1% and 1.25% referring to a reduction of the Fed's balance sheet, which will happen 'relatively soon' ...
A significant move in global bond yields last week puts up into a key crossroads for markets. Will these moves continue or begin to retrace? The Congressional testimony of Fed Chair Janet Yellen in ...
The big theme at the moment is rising bond yields as key central banks attempt to move away from the era of extraordinary-loose monetary policy and zero interest rates. This is due mainly to rising ...
US equity markets are expected to open relatively flat on Friday, with bond yields back in focus as we await the June labour market data from the US and Canada. Higher bond yields weighing on equity ...
What: The euro is the third best performing currency vs. the USD today, as the single currency gets a boost from the surge in German bond yields to a 17-month high. Yields are a key driver of ...
Since 2008 US 10yr T-bond yields have fallen from more than 5% to less than 2% German 10 YR Bund Futures have fallen even further from 4.5% to less than zero With Central Bank inflation targets of ...
US 30yr Swaps have yielded less than Treasuries since 2008 – does it matter? With 30yr Swap yields below T-bond yields arbitrage should be possible Higher capital requirements have increased ...
For the last few years central bankers have tried in vain to jumpstart the inflation fairy with little if any degree of success. For a while in the months after 2009 we did see a sharp rise in ...
Last week, Donald Trump's election win heralded the end of the world. We went into the election with the view that globally, we wanted 4 more years of the same from Clinton, which would be great for ...
Nothing in last week’s US economic data appears to have altered expectations that the Federal Reserve will look to raise interest rates by the end of this year, probably at its meeting in ...
54% of government bonds offered negative yields at the end of August Corporate bond spreads did not widen during last week’s decline in government bonds Since July the dividend yield on the ...
‘Steepening of the yield curve’ is something that has dominated the wires over the last few days. In simple words, it represents the rise in the long duration government bond yields and a...
Nicole Elliott talks about the dynamics of the bond market and why she prefers to hold long bond positions despite yields being at record lows. Her view somewhat contradicts the bond king Gundalch ...
“There is an issue of a credibility gap between the academic approach taken by Kuroda and the markets thinking what is going on”, quotes Bill Blain, Strategist at Mint Partners, as we ...
Tim Price, Director at PFP Wealth Management presents the curious case of the Japanese bond markets, which interestingly have rallied sharply in 2016, pushing yields into the negative territory. Price...
