Bond Market Still Alive: Post-Post-Crisis Era to Continue
Repurposing a quote from American author and political commentator Mark Twain, we believe that recent reports of the bond market’s death have been greatly exaggerated. Donald Trump’s election win does…
Bond Fundamentals Moving Forward While the recent move in bond yields is mostly justified by new information the market has received, the waters are still choppy. We believe bonds should…
Another factor that impacts small-cap stocks’ performance is the yield curve. The yield curve has remained on the flatter side since the recession.
The US dollar is flat in the early morning hours on December 9. The US Dollar Index rose 0.86% on December 8 amid the ECB’s decision.
The US dollar pulled back in the early hours of December 1. OPEC’s agreement to curb the oil output caused the dollar to rise on November 30.
The US dollar is stable in the early hours on November 30. The PowerShares DB US Dollar Bullish (UUP) fell 0.25% to 26.11 on November 29.
After pulling back on November 28, the US dollar recovered in the early hours on November 29. UUP fell 0.23% to 26.18 on November 28.
In North America, US stocks closed lower on November 28 amid the pull back. The utilities and telecom sectors were the biggest outperformers.
The US Dollar Index fell in the early hours on November 28. The stronger economic data improved the chances of an interest rate hike in December.
Treasury yields witnessed a secular rise in October. Except for yield on the one-month Treasury bill, which remained flat month-over-month, all other tenors saw a visible rise in yields.
The energy sector affects jobs, the economy, and the environment. Both Hillary Clinton and Donald Trump support the use of natural gas, a cleaner alternative to coal.
Western trading partners have abundant evidence for criticizing China about its leaving steel on the global market, its glacial financial-market reforms, and its corporate debt binge.
Both Donald Trump and Hillary Clinton have expressed a desire to reshape the tax code to make substantive changes in fiscal policy.
A poll conducted in late August 2016 found that 44% of Americans supported Obamacare and 51% disapproved of it.
While Donald Trump wants to get rid of the Dodd–Frank Act, especially the Consumer Financial Protection Bureau, Hillary Clinton wants to retain it.
The 2016 US presidential election is scheduled for November 8, 2016. This election will mark the 58th quadrennial US presidential election.
US equity markets were marginally higher on October 12, the day of the release of the minutes for the September monetary policy meeting.
In the current market environment, duration risk has risen across bond markets (BND) (LQD). When interest rates rise, bonds with a higher duration will likely be affected more.
All countries have suffered from yield increases, and monetary policy is turning less accommodative, even in Japan and the European Union.
The ten-year Treasury note, which rose in price in the first half of 2016 and pushed the yield down to 1.4%, has started selling off in the second half of the year.