Weighing the Latest London Attacks against the Pound
The London attack has added to the political uncertainty that is prevailing in the UK—and only days before its general elections scheduled for June 8.
The VanEck Vectors Investment-Grade Floating Rate ETF (FLTR) has an effective duration of 0.14 years. It protects you from rising interest rates.
Since fallen angel bonds were given investment-grade status earlier, they typically have higher credit quality than most other speculative-grade bonds.
Will France’s Election Outcome Pressure the ECB?
The European Central Bank (or ECB) likely let out a huge sigh of relief after Emmanuel Macron emerged victorious in the second round of the French elections.
Since the previous Fed meeting in March, where the Fed announced a 0.25% rate hike, equity markets (IWV) around the globe remained dovish.
Another cycle that is closely related to the business cycle is the credit cycle, the expansion and contraction of access to credit in an economy.
Do Tobacco Bonds Warrant a Place in Your Portfolio?
Tobacco bonds have been volatile in the last seven years. Falling MSA payments caused the volatility. Tobacco bonds offer relatively good cash flow returns.
Tobacco bonds could still be a decent investment. When there’s a default, tobacco bonds behave differently than corporate bonds.
Tobacco bonds are a highly liquid, large, and high-yielding sector. Tobacco bonds belong to the municipal high-yield bond market (HYD).
How Positive Equity Sentiment Is Affecting the Japanese Yen
The Japanese yen (FXY) closed for the week ending June 23 at 111.3, depreciating against the US dollar by 0.39%.
US Treasuries (GOVT) had another roller coaster ride this week due in part to the conflicting views from Fed members and weaker-than-expected economic data.
After closing last week almost flat, the US Dollar Index started this week on a stable note. The US Dollar Index is stable and near the 97.5 level.