The Great Maturity Wall: A Crumbling Barrier or Just a Hurdle?
The much-feared maturity wall is proving to be less of a towering obstacle and more of a manageable hurdle. The global high-yield bond market has...
Tag: bond market
Are bonds a reliable hedge after years of disappointment?
Bonds are regaining popularity as a hedge after disappointing investors for years. With stock markets beginning to drop, there is increased interest in bonds and...
The Rise of U.S. Yields: The beginning of a long story
Over the past two years, benchmark rates in the United States have skyrocketed from 0% to over 5%. This significant shift is not only a...
Towards a global debt crisis?
Governments are increasingly meeting their fundraising needs by issuing debt, not only through regular auctions but also, increasingly, through syndicated sales involving paying fees to...
A $2 Trillion Debt Case for Higher Rates for Longer
The bond market has spectacularly turned upward in the developed world, pushing yields down and perhaps too quickly forgetting about the soaring budget deficits. In...
Short-term maturities will benefit from the Fed’s easing in 2024
Money market fund holders have a new reason to turn to short-term bonds. The best way to play the Federal Reserve’s pivot towards monetary easing...
The U.S. inflation and the market euphoria
The core Consumer Price Index, which excludes the costs of food and energy, increased by 0.2% compared to September. The overall indicator remained stagnant, held...
The worst bond market in 236 years
There has never been such a prolonged period of losses in the bond market as in the last three years. Indeed, it is challenging to...
The bond market krach: the perfect storm
Global bonds have plummeted at an astonishing speed. The yields on 10-year Treasuries will likely surpass 5%, marking the first time since 2007, after rising...