Why Are Bond Market Investors Worried about Yield Curve Flattening?
The US bond markets (BND) remained concerned about the flattening yield curve last week.
The US Dollar Index opened on a stronger note on November 20. However, the dollar lost strength as the day progressed.
The US Dollar Index started Friday on a weaker note and traded below the opening prices with weakness in the morning session.
The Fed is expected to increase the target funds rate by 0.25% at its December meeting.
This is an exciting time to be an investor, but it’s also a very uncertain one. Risks to both the upside and downside are much higher than they were even…
The US Dollar Index started this week on a mixed note and lost strength as the week progressed. It opened Wednesday on a weaker note.
The University of Michigan Preliminary Consumer Sentiment for November was reported at 97.8, which was 2.9 lower than the final October reading of 100.7.
The non-farm payroll data for October rose by 261,000, which was below the consensus expectation of over 300,000 job additions.
The latest report was released on November 3 and indicated that the goods and services deficit was $43.5 billion in September, or $0.7 billion higher than in August.
The US FOMC left rates unchanged after the November 2017 meeting, as expected, setting the stage for a potential rate hike in December.
The US Dollar Index lost strength last week amid rising concerns about executing the tax cut plan proposed by the Trump Administration.
The US Dollar Index started this week on a weaker note by pulling back on Monday. However, it regained strength and rebounded off the lows on Tuesday.
The International Monetary Fund (or IMF), in its “World Economic Outlook” (or WEO) released in October, upgraded the economic forecast for the United Statess for 2017.
The US Dollar Index started this week on a mixed note. The US Dollar Index fell on Monday but regained strength as the week progressed.
Global climate leaders have set a $1 trillion target for green finance by 2020, which would require a tenfold increase in global green bonds issuance.
Green bonds carry the same risk-return profile as conventional bonds. However, these bonds fund projects focused on energy efficiency, clean water, transportation, biodiversity, and sustainable waste management.
Green muni bonds accounted for 56% of US green bond issuances in the first half of 2017 and are expected to touch $10 billion this year.
Over the last ten years, the green bonds (GRNB) universe has expanded and diversified, holding 600 bonds from 24 countries in 23 currencies.
It is estimated that $93 trillion of infrastructure investment is needed in the next 15 years to transition to a low-carbon economy.
At 5:00 AM EST on November 7, 2017, the US Dollar Index was trading at 95.05—a gain of 0.4%.