Bonds Analysis & Opinion

Alhambra Investment Partners, LLC
After Prolonged Period Of Unchanged Rates - Bond Complacency
By Alhambra Investment Partners, LLC - Nov 29, 2015

This chart from our strategic macro research partner shows the incredible length of stimulus. Has the current, prolonged period of unchanged Fed policy rate of 0% conditioned investors to think this ...

Sol Palha
Will Bonds Crash In 2015?
By Sol Palha - Nov 27, 2015

The trend in bonds was bullish for a long time, and one can see how bonds ran up during that time frame. Currently, its neutral and that also has to be viewed through a bullish lens as it should have ...

Marc Chandler
U.S. Bond Premiums At Multi-Year High
By Marc Chandler - Nov 25, 2015

This Great Graphic was composed on Bloomberg. It shows two time series. The yellow line shows the premium the U.S. pays over Germany for two-year money. The white line shows the premium the US pays ...

Hale Stewart
Bonds: Why Is Long End Selling Off?
By Hale Stewart - Nov 23, 2015

For the bond market, the release of the Fed minutes was this week’s biggest news. The Fed described employment positively. They also noted personal consumption expenditures and capital ...

Alhambra Investment Partners, LLC
Yield Curve Has Gone Rogue
By Alhambra Investment Partners, LLC - Nov 22, 2015

By all meaningful measures, credit markets today aren’t any different than they were after the first “dollar” wave crested and subsided. Despite all that has transpired all over the ...

Doug Short
Treasury Snapshot At The Start Of The Week
By Doug Short - Nov 17, 2015

In the wake of Paris attacks, let's take a close look at US Treasuries. The yield on the 10-year note ended the day on Friday at 2.28%, which is at the higher end of the year-to-date range of 1.68% to...

Ed Carlson
The 10-Year T-Bill: What's Ahead?
By Ed Carlson - Nov 10, 2015

The rate on the 10-year US Treasury Note had its best week since June last week with a gain of 8.46% to close at 23.33. It even printed an engulfing bullish candlestick on Friday. Most of the ...

Alhambra Investment Partners, LLC
Searching For (Relative) Value: Up Allocation To TIPs
By Alhambra Investment Partners, LLC - Nov 10, 2015

The investing environment remains challenging. Equity valuations are high after a 6 year extraordinary bull market. Bonds have been in a bull market for 35 years and yields, though off their 2012 ...