1 day ago

Some treasury yields back at their Q1 2020 levels

Many Wall Street strategists bet on ever so low Treasury yields, but the market seems to be moving against them in a global bond sell-off. Since the Fed's meeting in September, there are mounting expectations of an interest-rate hike to counter accelerating inflation. Source: Bloomberg

#Bonds
Some treasury yields back at their Q1 2020 levels

13 days ago

Southeast Asian yields offering value against junk bonds

Lower-rated Southeast Asian dollar bonds yield 4.72% on average versus Western counterparts. The crisis in China means liquidity is limited so bonds in Indonesian developers may benefit from the reopening of local economies. JPMorgan thinks valuations may help limit outflows. 

#Bonds

40 days ago

Spreads have come all the way back

Most benchmark credit spreads are back to the tightest levels of 2020 as of September 2021.

#Bonds
credit Spreads table - they have come all the way back

41 days ago

ECB tapers!

Taper: "Based on a joint assessment of financing conditions and the inflation outlook, the Governing Council judges that favourable financing conditions can be maintained with a moderately lower pace of net asset purchases under the PEPP than in the previous two quarters"

#Bonds
ECB tapers!

41 days ago

Yields on China junk bonds blowout

A practical example of the Dollar Milkshake Theory -  Yields on China Junk DOLLAR Bonds... Foreign bond holders need USD to pay back debt so demand rises for USD - often with yields. China can devalue their currency to buy USD to pay debt but that bids up the USD!

#Bonds
Yields on China junk bonds BLOWOUT
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