…that the market PE is about 19 and bond yields are under 2%. The quick and dirty rule of thumb is that a 100 basis point change in yields should…

…that they suggest how the economy will be 12+ months out. 1. Corporate bond yields fell to new expansion lows a few months ago:   This is a positive. 2….

…government bond rates in her sample of 46 emerging market economies, but a decline in the same differential in her sample of 13 advanced economies. However, the differential in the…

…corporate America’s balance sheets has tripled the premium investors are demanding to hold even the highest-rated corporate bonds. The difference between the average yield of investment-grade U.S. bonds over virtually…

…make a few comments and then turn to the bond market, particularly as it reflects the international situation. I have no more insight into the Ukraine matter than probably any…

…rates and the interest rates on bonds that are protected against rising prices; it is therefore an implicit forecast of future inflation. And a closer look at the markets shows not just…

…Department’s 10-year bond. The Fed’s policy of trying to slow the economy has reduced the number of buyers of U.S. bonds. Fewer buyers mean the government has to pay a…

…bond vs. a shorter maturity like 3 month or 2 years. These certainly have merit – in fact the 10 year minus 2 year inversion has typically had the longest…

…market conditions”. A central bank buying however many bonds it has to buy to keep interest rates low is also called fiscal domminance. Importantly bond yields fell after the announcement….

…money from private sector balance sheets. If you consolidate Treasury’s deficit spending and bond issuance into one accounting event, Treasury is issuing new bonds onto private-sector balance sheets. It’s not printing “money,”…