Raymond James Bond Market Update: The €100 Billion Buffer
Raymond James Weekly Bond Market Update.
Raymond James Weekly Bond Market Update.
Turning Japanese By Zach Berg, CFA June 04, 2012 Yields across the globe plummeted this past week as the once unlikely thought that US Treasury yields could ever approach historically low levels reserved for the likes of Japan have been…
Taxable Bond Market Update for Week of 5/21/12
Bond Market Update for Week of May 14th, 2012
Will the end of Operation Twist pressure long-dated Treasury yields?
Treasuries finished the first quarter of 2012 down 1.00%, and according to YieldBook data this marks the worst quarterly return for these securities since the last three months of 2010 and is on par with returns from the last quarter of 2009.
Whether in the natural world or in the financial world, seismic shifts often catch individuals off guard, especially when the shift is a one-sided affair as was the case in Treasuries over the past two and half weeks.
Last week saw a significant reversal of trend for the Treasury market, with yields across the curve spiking after the Fed released the results of its bank “stress tests” on Tuesday.
The trend of range bound volatility for Treasuries continued this past week with yields moving towards their upper bounds.Greece was able to accomplish their private sector investor debt swap, while Friday’s jobs figures produced a better than expected print (Survey: 210k, Actual: 227k) and included upward revisions of 61,000 to previous months data.
Corporate bond issuance continues to show strength despite lingering concerns out of the European Union’s ability to resolve the Greek debt crisis and mixed economic news out of much of the developed world.