Bonds Analysis & Opinion

Bund holding above 159.55/58 is positive for today and re-targets 159.76/79. We could continue higher to 159.91/94 before a retest of last week's high at 160.19. A break and close above here tonight...

Weekly Large Trader COT Report: 10 Year US Treasury Note CFTC Futures data shows speculators trimmed their overall bullish positions 10 Year Treasury Note Non-Commercial Positions: Large 10-year...

Junk bonds have been in the news over the past few months, mostly in a bad way, as they have been falling in price since April of 2014. The chart above looks at the Junk Bond (N:HYG)/S&P 500...

Treasuries advanced for a sixth day, the longest winning streak in 13 months, as turmoil in Chinese markets drove demand for the relative safety of government debt.From 2-Year notes to 30-Year bonds,...

The Fed finally raised rates last month and ended the almost decade-long ZIRP policy and released their minutes of that meeting this afternoon. Let's take a close look at US Treasuries after that...

Since maximum fear in the financial markets tends to create demand for safer-haven bonds, the chart of long-term Treasuries (N:TLT) should be helpful from a risk-assessment perspective. If stocks...

A series of interest rates cuts and a reduction in reserve requirements by China and numerous 'competitive' currency devaluations, suggest not only a quiet panic behind the velvet ropes of leadership...

John Rubino and Gordon T Long discuss the alarming developments in the Junk (High Yield) Bond market. John was warning on his last appearance on Macro Analytics about the things he was seeing, while...

Picking up on the money market(s) discussion from Monday morning, bill rates once again were suggestively shallow. The 4-week T-bill was just 14 bps in “yield”, well below the Fed’s...

No doubt junk bonds have tanked over the past two years, diverging against the S&P 500. Historically, when Junk is weak the broad market tends to struggle to move much to the upside. Junk-bond ETF...

I am becoming increasingly concerned over the flattening yield curve. This curve enables us to get a first hand view of sentiment towards economic growth among bond investors and other large players...

In my post this morning on Yield Curve and Spreads: Fed's Real Policy Error in Pictures; What's Next? there were two important points I intended to make but didn't. First here's a repeat of two...

Weekly Large Trader COT Report: 10 Year US Treasury Note CFTC Futures data shows speculators net positions at -11,443 contracts 10 Year Treasury Note Non-Commercial Positions: Large 10-year treasury...

There's an ongoing debate about the current state of the junk-bond market and what it means for equities and, more broadly, the economy. Spreads on the junkiest of junk bonds have recently moved to...