by John Luke Tyner | Apr 22, 2022 | Blog, Bonds, Market Updates
* Why Are Yields Rising: Rising yields are a consequence of falling bond prices, which occurs when investors sell bonds. This is an obvious point, but it’s important to realize that yields aren’t rising by themselves—they are only rising because investors are...
by David Wagner | Apr 20, 2022 | Blog, Market Reviews
Q1 2022 Earnings Preview Earnings season started last week with JP Morgan (“JPM”) and a slew of other banks, and given the early tone, this earnings season could be underwhelming as we did not witness the outsized beats we have become accustomed to over the last year....
by Derek Hernquist | Apr 15, 2022 | Blog, Bonds, Macro Updates
Flashing back a year, when bonds felt a bit more alive than dead. Originally posted in our Content Hub last March but the concepts remain important… Rates Are Moving Interest rates – just look at what the yield (the interest rate) of 10-year...
by John Luke Tyner | Apr 13, 2022 | Blog, Macro Updates
U.S. consumer prices rose in March by the most since late 1981. The consumer price index increased 8.5% (2.2% of the headline number can be attributed to energy) from a year earlier following a 7.9% annual gain in February. The month over month inflation gauge rose...
by John Luke Tyner | Apr 8, 2022 | Blog, Bonds
* Bonds… The Rough Stretch Continues: The Bloomberg US Aggregate Index continues the largest drawdown in its history. Since August 6th, 2020 – the end of the most recent bull market in bonds – the index has declined by -9.2%. Even after the drawdown,...
by David Wagner | Apr 4, 2022 | Blog, Market Reviews
Developments over the Past Month Monthly Recap: March was a tale of two different periods (see below). The first quarter was one of the worst on record for the collective performance of stocks and bonds, with the latter worse than the former. This makes sense...
