Bonds Analysis & Opinion

In March, after a 15% decline in municipal bond prices and as part of its response to COVID-19, the Federal Reserve announced it would, for the first time in its history, enter the municipal bond...

There was a time, just after the first oil crisis in the 1970s, that the collection of emirates and kingdoms along the Persian Gulf coast were so flush with cash that the biggest challenge they faced...

[This blog post is an excerpt from a TSI commentary published within the past two weeks]Many analysts downplay the Fed’s influence on bond yields, but we don’t think it’s possible to...

10-Year Note Non-Commercial Speculator Positions:Large bond speculators lowered their bullish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders...

Heavy bond action continues. The TLT (NASDAQ:TLT) (iShares Barclays 20+ Treasury Bond Fund) is working on a fourth straight loss after opening today’s session with a gap higher open. This nasty...

A bigger, five-wave recovery on BUND which started in 2018 can be over, as price made a sharp turn lower from the highs. A sharp drop can be the first evidence of a top in place, and that a minimum,...

10-Year Note Non-Commercial Speculator Positions:Large bond speculators increased their bullish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of...

Depending on the slice of the Treasury market, inflation expectations are rebounding—or the outlook for economic growth is weakening. One of these implied forecasts is probably wrong, or least...

The coronavirus pandemic, its impact on the economy, and efforts to combat both challenges continue to roil the market for US Treasuries, with sentiment shifting bullish or bearish depending on the...

In normal times, August is a quiet month for government bond issues as many investors—as well as government officials—head for the beaches or extended holiday trips.But these are not...

Bonds I: Eulogy. Let me begin my eulogy for the Bond Vigilantes with apologies to William Shakespeare. The emotional eulogy for Julius Caesar that Shakespeare penned for the character Marc Antony in...

10-Year Note Non-Commercial Speculator Positions:Large bond speculators once again raised their bullish net positions in the 10-Year Note futures markets this week, according to the latest Commitment...

The agreement of European Union leaders to issue €750 billion of bonds to help finance COVID-19 recovery has many investors and analysts salivating with anticipation. The first significant...

10-Year Note Non-Commercial Speculator Positions:Large bond speculators advanced their bullish net positions in the 10-Year Note futures markets once again this week, according to the latest...