The holidays are upon us, and we wish our clients and friends health, peace and happiness. Recent income, output, and employment data have turned sour. We’ll see what that does to holiday shopping. The financial markets, especially equities, have looked past the valley (abyss), and the vaccine news has enhanced the view that “normal,” or at least a “new normal” is just maybe a quarter or so away. The DOW set an …Read More
Tag Archives: u.s. treasury bond
Bond strategies for low rates and rising inflation
First published at Marketwatch.com http://www.marketwatch.com/story/bond-strategies-for-low-rates-and-rising-inflation-2014-06-16 Interest rates fell far this year and could stay low for some time. The world is awash with liquidity as central banks around the globe maintain highly accommodative monetary policies. The yield on the benchmark 10-year U.S. Treasury bond started 2014 at 3% and has since fallen to around 2.5%. The 10-year yield bottomed below 1.45% in 2012. Jeffrey Gundlach of the DoubleLine funds thinks …Read More
