Bonds Analysis & Opinion

Unsurprisingly, the U.S. Federal Reserve made no changes in rates in its recent meeting ruling out the possibility of a rate hike in the coming months. Yet, Federal Reserve Chair Jerome Powell has...

Treasury yields rose again following data revealing that the U.S. economy experienced a slower-than-expected growth of just 1.6% on an annualized basis in Q1. Additionally, a core measure of...

The Federal Reserve had previously indicated that incoming economic data, proving that inflation is on a consistent downward trajectory, would be needed to start reducing rates. This statement had...

Bowing to recent data, Federal Reserve Chairman Jerome Powell on Tuesday conceded that inflation progress has stalled and the case for rate cuts has weakened.The Treasury market has been effectively...

The market continues to price the US 10-year Treasury yield well above its estimated “fair value,” based on the average of three models run by CapitalSpectator.com.Yesterday’s...

The bond market has struggled to fully recover from the Federal Reserve’s aggressive run of interest-rate hikes in 2022-2023, but pockets of strength remain conspicuous. Within the fixed-income...

Inflation ticked higher across the U.S. in February. The consumer price index rose at an annual pace of 3.2%, up slightly from 3.1% the previous month. The strength of this reading is likely to...

The US 10-year Treasury yield continues to trade well above a ‘fair value’ estimate, based on the average of three models maintained by CapitalSpectator.com.The market premium continues to...

Even if US yields do slip into the weekend, as is quite possible, there are elements next week that will keep the bear phase element to the fore for bonds (watch core PCE carefully). The ECB simply...

With a Labor Department report showing U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, the week did not allow U.S. bond markets to...

Yesterday I outlined the case that several ‘fair-value’ models suggest the current US 10-year Treasury yield appears high relative to the fundamentals.As a quick follow-up, what does a...

The past few months have given investors the feeling that the 3 year (monster) rally in treasury bond yields is over.But the lull may be over. And it’s looking like bond yields (interest rates)...

The US 10-year Treasury yield spiked yesterday following the release of hotter-than-expected consumer inflation data in January.The news also convinced the market that the Federal Reserve would push...

Much of the global bond market is struggling this year, with a conspicuous exception: below-investment-grade bonds issued by companies in emerging markets.Based on year-to-date results through...