…quite substantially. The following table shows the difference between long-term (10-year government bond) interest rates in the US and in several other major developed countries last week. The table suggests…

…knows if this rise in rates will persist; the bond market’s penchant for keeping long-term rates surprisingly low has continually surprised many economists over the past year or so. But…

…to $12 million was missing from the rare-coin kitty, I had similar thoughts. Then, when I saw that the Ohio Bureau of Workers’ Compensation had agreed to turn their long-bond…

…for unfunded liabilities by dumping money into long-term bonds. This explanation also seems insufficient: “world demographic trends are hardly news, and recent adjustments to funding shortfalls do not seem large…

…It is unclear to me exactly how vulnerable the balance sheets of firms like Fannie Mae and Freddie Mac, and other large players in the bond market, are to a…

…I get together with the Money Corp Board and we decide to use that $1,000 of bond revenue to pay each of the nine directors and myself a bonus of…

…Kash Update: The following chart shows the yield on ten year government bonds today (45.0 = 4.50%, etc.). Can you tell when the Fed made its announcement? The bond market…

…Treasury bonds in the Social Security trust fund. Of course, Rep. Sabo appears to not understand that the Trust Fund is just an accounting device, and that the bonds are…

…economic statistics; the bond market’s rather strong reaction to the January PPI report last week seemed to be considerably exaggerated. A much better gauge of trends in inflation is the…

…personal retirement accounts would be invested in a conservative mix of broadly diversified bond and stock funds. Let’s be clear – a shift from a defined benefits program to a…