1168 days ago
Dividend growth stocks have done a lot more for portfolios than bonds
Double digit gains in several divided ETFs over past 3 months compare favourably with AGG bond ETF
1169 days ago
Investors are looking for positive yields in longer term treasuries
Richard Kelly, head of global strategy at Toronto-Dominion Bank, says that the stimulus is inflating asset prices, though not necessarily the economy. France saw record demand for a sale of bonds on Wednesday not maturing until 2072, with yield seeking asset managers, insurers and pension funds taking almost 80% of the sale. - Bloomberg
1169 days ago
Regions of world markets most correlated to bond yields
If you think the move to 1% in US 10-year yields is just the beginning, here's the places you'd want to seek out and avoid
1170 days ago
AMC shares rise 30% after a $100M debt deal is announced
AMC announced securing a debt deal to give the firm a liquidity boost as it's been running out of money since theatre closures. The deal is a $100 million bond with a 15% interest rate. They have until the summer to make do on a first interest payment. -AMC's SEC form 8-K Filing w/ graph from FlowOne
1170 days ago
US 30Y breakevens spike above 16-year downtrend line after Yellen says she "will explore issuing 50-year Treasuries"
As Brean Capital's Russ Certo said, "Janet Yellen’s willingness to even consider issuing ultra-long U.S. Treasuries was enough to drive traders to sell 30-year bonds on Tuesday" and while Yellen sounded “non-committal,” her comments hit the back- end of the curve. On the other hand, as noted above, this won't be the first time the Treasury has "looked closely" at 50Ys (or even 100Ys): several years ago Mnuchin did the same, and in the end decided that it's not worth the risk of unanchoring the long end, and instead he decided to relaunch the 20Y. Will this time be different? Source: www.zerohedge.com
