Bonds
Bonds Articles
Jon OggBill Gross of PIMCO, aka the Bond King, probably got tired of having to fade the heat after his call about the death of the cult of equity. Bill Gross has been rather vocal about how investors...
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ThinkstockAre investors still buying Treasury notes with their low rates of return? It seems so, although interest rates have been ticking higher as investors are committing new funds to stocks...
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Frank Golhen, via Wikimedia Commons24/7 Wall St. tracks the spreads that corporations have to pay above Treasury rates to fund their cost of borrowing. This is one key barometer for measuring the...
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Jon OggThe government is somehow managing to borrow money at what are negative interest rates right now via the Treasury Inflation-Protected Securities, or TIPS. When a TIPS matures, the investor is...
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ThinkstockMany investors follow and track inflows and outflows of investor funds. After all, following the trends where the money is headed is nothing new. But what about not worrying about all of...
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ThinkstockWe recently wrote that shorting the Treasury bond market may very well be the next biggest short-sale trade since the subprime mortgage short. While rates have dipped a little in the past...
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Jon OggIf the spread of junk bonds keeps contracting as investors clamor for yield in an environment where yields are so low, they are going to be priced where investment-grade bonds used to be...
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ThinkstockToday’s 30-Year Treasury Bond auction, the long bond auction, managed to look better than yesterday’s 10-year Treasury Note auction. Yesterday’s tone looked as though it was going to...
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ThinkstockTreasury prices had firmed in recent days, taking the yield of the 10-Year Treasury note further away from breaking back above the 2.0% mark. Now a new 10-year auction has been held by the...
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Jon OggJust over one month ago we made the case that perhaps the best short since the heyday of the subprime mortgage debacle may be on the horizon. Our December 5 story identifying the biggest trade...
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Jon OggInterest rates are nearly zero and the Federal Reserve has pledged to keep them that way until unemployment reaches 6.5% and as long as inflation does not get to a level that would be expected...
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ThinkstockThe benchmark 10-year Treasury note closed 2012 at the lowest yield level in decades, even though yields rose slightly following President Obama’s news conference announcement of a...
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ThinkstockToday’s auction of $29 billion in seven-year U.S. Treasury notes sold out at a yield of 1.233%. The bid-to-cover ratio of 2.72 was only slightly lower than the average ratio of 2.68 from...
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ThinkstockToday’s auction of $35 billion in five-year U.S. Treasury notes sold out a a yield of 0.769%. The bid-to-cover ratio of 2.72 was somewhat lower than the four-week average ratio of 2.9....
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ThinkstockThe U.S. Treasury auctioned off $32 billion in 3-year Treasury notes today at a record low yield of 0.327%. The bid-to-cover ratio was 3.36, lower than the 3.71 average over the last four...
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