Tag Archives: Jobless Claims

Inflation: Benign for Now

Having broken through 2% in January 2018, the 10-year U.S. Treasury breakeven rate (as measured by the difference between the S&P U.S. Treasury Bond Current 10-Year Index and the S&P U.S. TIPS 10 Year Index) has continued to increase, reaching a YTD high of 2.18% on April 23, 2018. As of May 14, 2018, the Read more […]

A Renewed Interest in High Yield Bonds

High Yield Bond Market – Outlook has changed to the positive, away from the recent stories of overvaluation and fund withdrawals. The S&P U.S. Issued High Yield Corporate Bond Index returned 1% last week and a 0.43% the week before to recover the loss incurred the last week of July (-1.38%).  Year-to-date the index is Read more […]

Treasury Curve Flattening Helps Long Duration; Investment Grade Bonds Continue to Perform

Last week’s performance saw the overall Treasury market as measured by the S&P/BGCantor US Treasury Bond Index return 0.03% and is now at 2.08% for the year.  Yields moved lower as the yield-to-worst of the S&P/BGCantor Current 10 Year U.S. Treasury Bond Index is now at a 2.49% which brings it back down to level Read more […]

High Yield Gives Up Ground To Investment Grade

After having risen 19 basis points the first week of July, the yield on the S&P/BGCantor Current 10 Year U.S. Treasury Bond Index dropped 20 basis points from the July 3rd 2.72% to its current 2.52%, offsetting the initial increase.  The move up in yield to start July was the largest weekly jump since last Read more […]

Unemployment Puts The Question of A Rate Increase In Play

After starting last week at a yield of 2.52%, the yield of the S&P/BGCantor Current 10 Year U.S. Treasury Bond Index climbed to a high of 2.72% to close the index before the July 4th holiday.  The 6.1% unemployment number moved yields higher as the markets were expecting an unchanged result from the prior level Read more […]

GOOOAL! For Mid-Year Treasury & Muni Returns

The month of June came quickly to a close and with it the half year 2014 index results.  At the start of the year expectations were for yields to be above 3% and climbing.  In reality rates have done the opposite as the yield on the S&P/BGCantor Current 10 Year U.S. Treasury Index is a Read more […]

Bonds Will Need to Tread Lightly With Domestic And Global Issues

Last week saw the yield of the S&P/BGCantor Current 10 Year U.S. Treasury Bond Index close 1 basis point tighter than the 2.61% that started its week.  Thursday was the only day in which the yield moved significantly as yields tightened by 5 basis points in reaction to the weaker than expected Retail Sales release.  Read more […]

Is 3% The New Black?

As with each summer’s fashion a new color of dress becomes the “new black”.  Pink, green, orange, you make the choice.  In regard to the bond markets the question could be is 3% the new black?  Bill Gross seems to think so, he is calling for economic growth and yields to remain slow and low, Read more […]

U.S. Investment Grade Corporates Are Performing Well, Does A Euro Rate Cut Follow The Recent Dip?

The month of May closed on a high note for bonds as the drop in yields saw the S&P/BGCantor Current 10 Year U.S. Treasury Index closed at a yield of 2.47%.  Treasuries as measured by the S&P/BGCantor U.S. Treasury Bond Index returned 0.7% for the month and 2.12% year-to-date. As of today, the yield on Read more […]

Today’s Economic Indicators not moving the dial on yields.

The yield on the S&P/BGCantor Current 10 Year U.S. Treasury Index since its step down on May 13th as a result of Retail Sales has remained in a range of 2.48% to 2.58%.  There are a number of economic releases scheduled to follow the U.S. Memorial Day Holiday.  Today’s reporting of Durable Goods Orders (0.8% versus Read more […]