Bonds Analysis & Opinion

James Picerno
Another Rough Week For Junk Bonds
By James Picerno - Oct 05, 2015

DoubleLine Capital’s Jeffrey Gundlach says that it’s too early to start buying junk bonds. Although below-investment-grade fixed-income securities have been sliding for more than a year, ...

Hale Stewart
3 Reasons Corporate Yields Are Widening
By Hale Stewart - Sep 30, 2015

The above chart from the FRED system shows corporate spreads have widened. The Aaa (red line, left scale) rose from 1.6% to 1.9% since the first of the year while the Baa spread (blue line, right ...

Mike Paulenoff
Down Goes 10-Year Yield
By Mike Paulenoff - Sep 28, 2015

IMF head Christine Legarde announced on Monday that the International Monetary Fund intends to lower its growth forecasts due to emerging-market weakness -- 3.3% "is no longer realistic." Let's keep ...

John Mousseau
Yogi And The Bond Markets: Q3 2015
By John Mousseau - Sep 24, 2015

As the third quarter comes to an end, we observe municipal bonds, the Federal Reserve (Fed), and interest rates in the spirit of Yankees Hall of Fame catcher Yogi Berra. When you come to a fork in...

Tiho Brkan
Riddle Me This: Stocks Or Bonds?
By Tiho Brkan - Sep 24, 2015

Stocks have underperformed bonds since July 2015. Source: Short Side of Long Global stock bear market continues as we have been discussing throughout August, when the called the bottom in US and EM ...

Simon Lack
Right Now, Bonds Are Dead Money
By Simon Lack - Sep 21, 2015

If you aspire to achieve acceptable returns from bond investments, the Fed is in no hurry to help you. They have other objectives than ensuring a preservation of purchasing power for buyers of taxable...

Wall Street Daily
Down But Not Out: Emerging Market Bonds
By Wall Street Daily - Sep 20, 2015

Lately, the headlines have been dominated by stories about how badly emerging markets (EMs) are doing. Indeed, EM stock markets are down by as much as a third or more in dollar terms. The iShares MSCI...

Doug Short
Treasury Snapshot: A Look At The 2015 Trends
By Doug Short - Sep 20, 2015

The yield on the U.S. 10-Year note closed on January 2nd at 2.12%. It hit its year-to-date low of 1.68% a month later and its YTD closing high of 2.50% on June 10th. It has since fallen 37 bps to ...

Andrew Thrasher
Yield Curve At Lowest Since 2009
By Andrew Thrasher - Sep 16, 2015

As all eyes are on the Federal Reserve, the Treasury market gains a greater focus. Many believe the Fed wants to see the yield curve for U.S. Treasurys slightly begin to rise, without getting too ...