bonds
September 17 – Wall Street Journal (Greg Ip): “Can words take the place of actions? The Federal Reserve hopes so. On Wednesday it issued a policy statement promising to get inflation above 2%. In their accompanying projections, officials indicated that would mean keeping interest rates
On 16 September, the Federal Reserve surprised many observers by releasing new forward guidance on interest rates earlier than anticipated. This follows another earlier-than-expected release of its framework review conclusions during the Jackson Hole symposium last month (for details, see our blog post on the
[Reuters] Stocks buckle, dollar stirs as divided Fed disappoints [Yahoo/Bloomberg] Stocks Fall, Bonds Gain as Recovery Risk Lingers: Markets Wrap [Reuters] Oil steady as demand worries revive, crews return to U.S. Gulf rigs [Reuters] U.S. weekly jobless claims stuck at higher levels [Reuters] Fed defends ‘pedal to the metal’ policy
An important support test is at hand that will go a long way in answering this important question. This chart looks at the yield on the 10-year note inverted, on a monthly basis. By inverting yields, this chart now resembles the price of bonds. Over
Whereas the Fed has a deep and liquid bond market to work with, including the $20 trillion in outstanding Treasury securities, the ECB must do with Europe’s underdeveloped bond markets. Germany, the biggest economy in the bloc, has prided itself on not having to issue
Mr. Schenker is the President of Prestige Economics and Chairman of The Futurist Institute. He has been ranked one of the most accurate financial forecasters and futurists in the world. Bloomberg News has ranked Mr. Schenker a top forecaster in 43 categories, including #1 in
The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of 9,507 contracts in the data reported through Tuesday, September 8th. This was a weekly gain of 22,984 net contracts from the previous week which had
Marshall Stocker is a vice president of Eaton Vance Management, director of country research and portfolio manager on Eaton Vance’s global income team. As a portfolio manager, he is responsible for buy and sell decisions, portfolio construction and risk management for assets in emerging and
August 2020 was a month for the record books, just a few months removed from quite possibly the deepest but shortest recession in modern times. With U.S. 10-year Treasury yields setting record lows, and U.S equities (S&P 500) hitting record highs, some investors are questioning
The issue represented about 10% of the world’s sovereign green bonds in circulation, allowing Germany to reach its goal of establishing a global benchmark almost immediately. Berlin plans a second green bond issue in the fourth quarter, which could bring the total for the year