Bonds

Global Economic Perspective: May

In this month's Global Economic Perspective, our Fixed Income Group opines on rising energy prices, US Treasury yields, emerging-market currency pressures and global economic growth. ...

Trade is Important, but Capital More So

Tensions between the world's two largest economies over trade issues have dominated the agenda in recent weeks.  Trade in goods and services is important.  China is the top market for US goods exports in 2017.   It bought more  $127 bln of US exports last year, a 12% increase after small ...

Italian Bond Yields Off Highs after Six Days of Selling

Italian government bond yields came off 14-month highs on Tuesday as the market paused after six days of heavy selling on concerns over the high-spending policies mooted by a potential coalition government in the euro zone’s third-largest economy. The likelihood of a new Italian government being f ...

Risk Premia Forecasts: Major Asset Classes | 22 May 2018

The Global Market Index (GMI) — an unmanaged, market-value weighted portfolio comprised of the major asset classes — is expected to earn an annualized 4.9% risk premium (return over the “risk-free” rate) in the long run, based on analysis of data through April 2018. Adjusting for short-term ...

Is Turnaround Tuesday Nearly Over Already?

Corrective forces that took hold in the foreign exchange market yesterday extended their hold today.  However, a cent bounce from yesterday's lows has seen new sales of euro and sterling emerge, and the greenback found bids below JPY111.00.  There is a $600 mln option struck there that will ...

Commodity currencies are beaming

  Currency Markets The US dollar has given up some of its gains overnight as investors keenness for Greenbacks has temporarily abated. The shifting dynamics around trade and tariffs does give pause for thought as US dollar bulls are consolidating gains at a very tricky and treacherous junction fo ...

Commodity Currencies are Beaming

Currency Markets The US dollar has given up some of its gains overnight as investors keenness for Greenbacks has temporarily abated. The shifting dynamics around trade and tariffs does give pause for thought as US dollar bulls are consolidating gains at a very tricky and treacherous junction for b ...

SPX -- Looking Ahead

FundamentalsTotal business sales have been ticking along at nearly 6.5% yr/yr. With reasonably strongvolumes and a price/ cost ratio fairly even, pretax margins have been advancing, and bottom linesare enjoying the large extra kicker from the tax cuts. As well, inventories are being managed wellcom ...

Value in Short Bonds

For years after the financial crisis, many investors were resigned to earning next to nothing on their cash and short duration investments. Rising interest rates, however, have brought a new reality: The front end of the fixed income market looks attractive for the first time in almost a decade. In ...

What should Mike do with his $10,000 inheritance?

Time to splurge with your inheritance cheque? (Shutterstock) Q. I just inherited $10,000. What should I do with the money? I am 65 years old and retired. I live on a very limited income which doesn’t allow me to enjoy some of the more frivolous things in life. Any good ideas for the money? – ...