Tag Archives: Treasury

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 […]

The Fed Views a Stronger Economy, Preferred and Investment Grade Corporate Bond Indices Going Strong

Yields on the 10-year Treasury continued lower last week as measured by the S&P/BGCantor Current 10 Year U.S. Treasury Index.  Friday’s 2.59% is one basis point off from this year’s low of 2.58% of February 3rd.  The index recorded a 2.59% in spite of the fact that the April U.S. Unemployment rate reached a low Read more […]

Index of Leading Indicators Kicks-Off the Week

The yield on the 10-year Treasury as measured by the S&P/BGCantor Current 10 Year U.S. Treasury Index suddenly moved higher to 2.78% from the previous day’s 2.64%.  Thursday’s upward movement before the Good Friday Holiday was a result of negotiations over the Ukraine crisis possibly resulting in an accord to defuse the conflict. Yields in Read more […]

The Fed’s March Rate Decision Could Determine If This Week Is A Lion or A Lamb For Bonds

Treasuries closed the week returning 1.32% as measured by the S&P/BGCantor Current 10 Year U.S. Treasury Bond Index.  The index is now returning 0.18% for the month and 4.13% year-to-date.  Continued concerns over the Ukraine political situation may have led to a demand for Treasuries as a flight to safety trade.  The auctions of $64 Read more […]

A Week of Auctions and Announcements

The S&P/BGCantor Current 10 Year U.S. Treasury Bond Index closed last week up 0.12%.  January’s Housing Starts number of 880k fell well below the 950k expected number and the prior revised level of 1048k pushing Treasuries up for the week.  The question was how much of the number was due to harsh winter weather or Read more […]

Fixed Income Update: Presidents’ Day Week

A short week ahead due to yesterday’s President’s Day Holiday.  Treasuries gained today as the Empire Manufacturing report released today was a 4.48.  The survey of manufacturing executives was bearish when compared to the expected number of 8.5 and its prior number of 12.51.  February’s home builder’s sentiment was also lower as the National Association Read more […]

The U.S. Congress and Investors Await Janet Yellen Comments

The S&P/BGCantor U.S. Treasury Bond Index finished last week slightly down -0.02% after the market traded up at the end of the week in reaction to the Nonfarm Payroll number. This January indicator of employees on business payrolls (113k) disappointed expectation of 180k giving bond prices an upward push after three days of declines. Treasuries Read more […]

The Hunt For Red October

In the iconic film The Hunt for Red October, released in 1990, the cold war standoff between the U.S. and the Soviet Union is taken new to heights. Based on a novel of the same title written by the recently deceased author Tom Clancy, a CIA analyst finds himself in over his head in the Read more […]

Something you should know about dim sum bond market

I am sure you have probably heard of, or even tried the Cantonese delicacies dim sum. While many people have a good knowledge of Barbecue Pork Bun or Siu Mai Dumplings, not many can tell exactly what is in the dim sum bond market. Dim sum bonds are the debts that issued in the offshore Read more […]

After The Fireworks

It was back to business in the U.S. after the July 4 holiday, which fell on a Thursday this year and made for a much needed four day weekend. The bond markets had a lot to look forward to this week as the Treasury auctioned a total of $66 billion of issuance in three, 10, Read more […]