1119 days ago
Looking for high yield debt with low volatility? Have you considered China?
Not only are rates higher on Chinese government debt, but the volatility is the lowest among major nations
1119 days ago
If copper/gold ratio is right, US 10-year bond yield is due to reach 10%
what are the chances The Fed allows that? And what will happen to tech stocks (and their contagion)? Source: www.zerohedge.com, Bloomberg
1121 days ago
Yield surge has caused the Nasdaq / UST 5-10yr correlation to spike
The 30-day correlation between the Nasdaq 100 and UST 5-10 year Treasuries has leaped to 0.5
1123 days ago
Alcoa Corp. is to issue $500 million in bonds
Alcoa Corp will offer $500 million in bonds through its Alcoa Nederland Holding. Proceeds will be used to pay pension plans applicable to salaried and hourly employees and to pay back their Senior Notes due in 2024 at 6.75%. The share price of the company went up 163% in the last 12 months, vs. 29% for the S&P 500.
1123 days ago
The gap between US interest rates and equity dividend yield is gone
The sharp sell-off in US bonds we've seen recently has made them very affordable, but that's still not enough to attract equity investors. People are still afraid that a coming inflation could endanger bonds, as fixed interest payment, by definition, are worth less if inflation arrives. Today, US 10-year yields are above 1.5% for the first time in a year, catching up the gap they had with the dividend yield of S&P 500 stocks.
