Sentiment on Junk Bonds Nearing Mania Threshold
Only two times before has the ratio of junk bond yields to high-grade bond yields been lower than it is now. Those two instances...
Goldman Warns on Junk Bonds
Goldman Sachs is warning that the lower rated rungs of the junk bond universe are the most overpriced since 2007. Bonds rated CCC and...
Highest Corporate Bond Yields in Five Years
Cecile Gutscher writes at Bloomberg that corporate bonds are offering their highest yields in years:
You need to rifle through 18 years of history to...
Bonds Break Through 3%
10-year Treasury yields cracked through 3% for the first time since 2013. With short-term yields on the rise, and now long-term yields starting to...
The Rise of the Robot Bond Trader?
For years PIMCO was driven by the investing acumen of Bill Gross and Mohamed El-Erian. After an acrimonious split with El-Erian in 2014, and unceremoniously...
Why I’m Buying Vanguard GNMA
You always need to study your downside protection and do what’s difficult to do.
Recently, I added half of my 2017 SEP-IRA contribution to Vanguard...
Ignore Bonds (at Your Peril) and Be Average, Like the Next Guy
Originally posted November 1, 2017.
A phrase I often hear from prospective clients is, “I don’t understand bonds, but I know I need them, and...
Vanguard GNMA: There When You Need It
Yesterday the S&P 500 fell by 2.5%. At the same time, the Vanguard GNMA Index fund was up 0.2%. Having powerful counterbalancing bond funds...
Will 3% Bond Yields Sink the Stock Market?
If yields rise above 3%, stocks will end the year down. That is according to Jeffery Gundlach, manager of the Doubeline Total Return Bond...
Bond Bear Market Picking Up Steam
The bear market in bonds appears to be picking up steam. Strong employment and wage numbers this morning have pushed long-term Treasury yields past...