by bondevalue | Sep 7, 2018 | Financial News, Macroeconomic news
The month of August has been varied for the bond markets with 56.9% of USD bonds in our universe having a positive monthly return (ex-coupon). The remaining 43.1% of bonds have delivered a negative return for investors. The bonds with a negative price return have...
by bondevalue | Aug 27, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
Federal Reserve Chairman Jerome Powell, speaking at the Kansas City Fed’s annual policy symposium in Jackson Hole, Wyoming, confirmed that the strength of U.S. economic expansion justifies gradually raising interest rates. This is Powell’s first speech as Fed chief...
by bondevalue | Jul 26, 2018 | European Central Bank, Financial News, Macroeconomic news
The European Central Bank stayed on course to end bond purchases as a trade war between the European Union and U.S. was averted and economic expansion continues to be solid in the euro area. It reiterated continuing policy to buyback 30 billion euros (US$35 billion)...
by bondevalue | Jul 17, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
In his semi-annual testimony to Congress, U.S. Federal Reserve Chairman Jerome Powell reported that the U.S. economy is growing quickly enough to justify continued interest rate increases. Saying that the “unemployment rate is low and expected to fall...
by bondevalue | Jun 15, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
The Federal Reserve voted on 13 June to increase interest rates – the benchmark federal funds rate – by 25 bps to a range of 1.75% to 2%. This move was widely expected by the markets, despite President Trump’s disagreement with other global leaders...
by bondevalue | May 17, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
Following the flood of better-than-expected economic data out of the U.S. this week, yields on both short-term and the longer tenor benchmark Treasury notes have risen to new multiyear highs. 2-year yields reached 2.598%, its highest since August 2008, and 5-years...