Bonds Analysis & Opinion

Treasury yield levels are overwhelmingly a function of inflation. However, in the short run, a plethora of influences can explain deviations between yields and inflation. These factors, which we call...

Two weeks ago I pointed out one of the effects of higher interest rates is that leveraged return strategies get swiftly worse as rates rise. Today, I want to talk about another result of higher...

The US 10-year Treasury yield continues to rise, pushing ever higher above CapitalSpectator.com’s “fair-value” estimate, which is based on averaging three models. The trend...

Rising interest rates have created a decline in treasury bonds not seen in modern times.Well, they say crisis equals opportunity.This may be the case today as we look at a long-term...

Psychology in markets is always fascinating. In February 2009, I wrote “8 Reasons For A Bull Market.” While in hindsight, it is easy to see that was the right call, overall, psychology was...

The ongoing bear market in Treasury bonds is among the worst on record, but several sectors of the fixed-income market remain ports in a storm, based on year-to-date results through Thursday (Oct. 5)...

The bond market rout continues to deteriorate and cause growing pains for banks.  Losses in long-maturity bonds are nearing historical levels after coming under severe pressure due to...

There are several indicators to watch when assessing risk across the financial markets, and today we discuss one of the more important ones. Junk bonds. When junk bonds are performing well and in...

Fed's actions and projections remain disconnected from each other Powell needs to make bonds attractive in order to keep the US economy going ahead Meanwhile, a bearish steepening has made it even...

There is a rare and powerful trend occurring in bond markets.History shows that if left unchecked, it can cause serious damage to equity markets and the economy. Over the last 3 months, US bond...

When treasury bond yields are rising, bond prices are falling. It’s an inverse relationship.And so it makes sense that the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) has fallen sharply...

The collective wisdom of the bond market for much of this year has been betting that interest rates would soon peak and fall. But those bets appear to be unwinding in the wake of Wednesday’s...

Stocks are tanking as markets price in higher for longer scenario Meanwhile, bonds have declined for 2 years in a row and are on track for a third bearish year As economic weakness sets in eventually...

Fixed-income investors looking for interest-rate cuts from the Federal Reserve are still waiting, but that hasn’t stopped low-rated bonds from posting strong gains in 2023.The upside performance...