Analysis: Interest Rates

Bond investors debate recession risks with Fed easing finally at hand

Bond investors are more cautious and divided over prospects for recession in the world's largest economy with the Federal Reserve poised to cut interest rates on Wednesday for the first time in more...

Pimco CEO Says It's an Exciting Time for Fixed Income

Manny Roman, chief executive officer at Pacific Investment Management Co. , says fixed income is quite attractive, as he finds that people are underinvested in the asset class and looking to...

NZ dollar, Japan bonds zap trend hedge fund August returns, bank data shows

Trend-following hedge funds took a hit from their bets on the New Zealand dollar and Japanese stocks and bonds in August, when global markets were rattled by extreme volatility, according to Societe...

Bond Market Is Getting Ahead of Itself: UBS's Falconio

UBS Head of Taxable Fixed Income Strategy Leslie Falconio thinks the bond market is getting ahead of itself. BlackRock Americas Chief Investment and Portfolio Strategist Gargi Chaudhuri says the...

Bonds now doing heavy lifting in 60/40 portfolio: McGeever

ORLANDO, Florida -The past month in markets has been littered with momentous events: a record burst in U.S. stock market volatility, near-confirmation from the Federal Reserve that U.S. interest...

Cash could stay attractive for months despite rate cuts, JP Morgan says

Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to fall below those on longer-term debt,...

Analysis-Bond markets face a reckoning after stellar summer run

Government bond markets, which have enjoyed a summer of solid price gains, now face a reckoning with their bets for speedy central bank rate cuts and slowing inflation, not to mention a tight U.S....

U.S. Treasuries not the safe bet they once were, research says

No safer than a bund. Or a gilt. Or an OAT. Long touted as hands-down the world's safe haven securities, the behavior of U.S. Treasuries during and after the COVID-19 pandemic calls that...

Rates: Waiting for Jackson Hole

While awaiting the next Federal Reserve Committee meeting in September, investors can take comfort in the central bankers' meeting in Jackson Hole. Starting on Thursday, the meeting in Wyoming will...

Rate: Summer hot flashes

After an exhausting end of July/beginning of August in more ways than one, the past week has sounded like a call for calm. Admittedly, investors have not had many economic indicators to sink their...

But what's going on?

It had been a promising summer, with falling inflation and the prospect of the US Federal Reserve lowering the cost of borrowing for the first time. But then, lo and behold, recessionary fears reared...

US bond rally overdone but Fed should have cut rates in July, BlackRock manager says

NEW YORK, Aug 5 - A recent U.S. Treasuries rally, fueled by expectations of significantly lower interest rates, is overdone as the economy's resilience may make it unnecessary for the...

U.S. Treasury futures in unchartered waters as Fed cuts loom: McGeever

As the first U.S. interest rate cut in this cycle draws closer, long and short positions in the Treasury futures market, and overnight repo lending volumes, have never been higher. And...

Rate: Light the fire!

Sometimes all it takes is a small spark to light the fuse. Between a better-than-expected CPI, a rather dovish Jerome Powell and the anti-China rhetoric of the White House candidates, the financial...

US Treasury futures positions at extremes: McGeever

Investor positioning in U.S. Treasury futures is stretching to extreme - and in some cases, record - levels that are likely to revive concerns about potential liquidity and stability risks in...

Rates: Thank you Mr. CPI!

Investors of all stripes were eagerly awaiting this, and we can only conclude that they were not disappointed. Last Thursday's US consumer price data rekindled speculation of a first rate cut in...

Bond market re-focus on US elections throws wrench into 2024 rally hopes

A recalibration of how the U.S. presidential election plays out is causing bond investors to bet yields stay higher for longer as November approaches. Yields have risen sharply after...

Trump presidency would cause spike in US bond yields, says Edmond de Rothschild investment boss

A win for Donald Trump in the U.S. presidential election in November would herald a spike in long-term U.S. Treasury yields, said Edmond de Rothschild Asset Management's Chief Investment Officer...

MORNING BID ASIA-Market mood bright, liquidity light

A look at the day ahead in Asian markets. World and U.S. stocks at record highs, a UK general election and Japanese asset prices stretched to historical levels - there's a lot for...