Portfolio Strategy: This is the Fair Value Yield on 10 Year Treasuries
Income investors can’t seem to catch a break. Even though the Federal Reserve is finally normalizing short-term interest rates, long-term interest rates remain depressed....
Bond Market Warning Signs
Will last week's $1.8 billion financing of Tesla, a company with no profits, mark the pinnacle of this debt bubble?
It's possible. But whether or...
Greenspan: Bond Bubble on the Brink of Bursting
Former Federal Reserve chairman Alan Greenspan issued a warning to investors on CNBC this morning, that the bond market, and along with it the...
This Major American City is Looking at Bankruptcy
I have recently written to you about the possible bankruptcy of the state of Illinois, potentially the first state in the country ever to go...
Sentiment Change Could Flip Yield-Reaching Market on its Head
Low long-term bond yields in the face of a Fed that is hiking short-term rates has helped sustain one of the greatest yield reaching...
My Most Popular Post so Far this Year
This year my investment readers, focused on their long-term retirement survival, have been tuning in to one post more than any other. "Why Vanguard...
Should You Dump Your Junk Bonds Now?
Despite higher yields, junk bonds today don't look to be worth the risk. If loss rates are factored in, the rosy picture of higher...
Sell in May and Go Away? Not Vanguard GNMA
Work hard and play hard. My dad used to tell me that a lot. He still does.
One year he and I drove down south...
This is Where Active Management Reigns Supreme
With the craze over index-based investing continuing to gain momentum, there is one asset class where active management still reigns supreme. That is in...
Bond Bear Market Watch: Are we there yet?
We continue to watch the key 2.60% yield level on 10-year Treasuries. A meaningful break above the 2.60% yield level will likely signal the...