ProShares Investment Grade—Intr Rt Hdgd
How Different Asset Classes Are Performing
According to Morgan Stanley, US high yield bonds (IGHG) (LQDH) generated a return of 14.4% in 2016.
Will Muni Bonds Experience the January Effect in 2017?
The January Effect is a rise in asset prices often (but not always) observed throughout the month of January. There are a number of theories as to why this happens.
Why personal income and outlays rose in June
Income and spending were up, while inflation numbers were restrained at the core level. Personal income rose by 0.4% in June, matching the pace of the month before and meeting consensus expectations.
FOMC participants’ views on unemployment, inflation, and policy
The Committee thought that inflation would move back toward its 2% objective during the forecast period.
Inflation drives 30-year Treasury inflation-protected securities
The $7 billion offering of sovereign securities drew attention from investors to gather enough bids to cover its sale by 2.76 times.
Why low inflation in the US shows that resources are being wasted
The speech took an interesting turn when Kocherlakota questioned his audience on they should care that inflation is too low.
St. Louis Fed President James Bullard shares an alternative view
Bullard went on to talk about the international economy from an alternate view. Under this view, most features characterizing the economy remain the same as under the traditional view—except one.
Why the FOMC’s new guidance weakens the Fed’s credibility
The preferred measure of core inflation in the United States by the Federal Reserve is changes in the core PCE price index.
The relationship between interest rates and credit spreads
Examining credit spreads gives investors an idea of how cheap (a wide credit spread) or expensive (a narrow credit spread) the market for a particular bond category or a particular bond is.
Why the Fed’s dual mandate is attainable with a balanced approach
The Fed’s dual mandate is balancing inflation with unemployment—that is, achieving both maximum employment and price stability.