The Treasury market is pricing in an Obama victory, says Janney's Guy LeBas, as southward-heading yields suggest no imminent change to monetary policy. Left unexplained by LeBas is how a Romney victory would change monetary policy. Besides, many suspect the Fed runs the President, not the other way around. [View news story]
Pimco's Total Return Fund increased its exposure to U.S. Treasury-related securities to 35% in May from 31%, and raised its leverage on the $261B portfolio. [View news story]
The bulk of the decline in Treasury prices should be over after their worst quarter in 2 years, according to a Bloomberg survey of 21 primary dealers. Expiring tax cuts, the kicking in of mandatory budget cuts, and $100 oil will team up to brake the economy and take a lot of the pressure off of bond prices. [View news story]
The Treasury market is pricing in an Obama victory, says Janney's Guy LeBas, as southward-heading yields suggest no imminent change to monetary policy. Left unexplained by LeBas is how a Romney victory would change monetary policy. Besides, many suspect the Fed runs the President, not the other way around. [View news story]
Pimco's Total Return Fund increased its exposure to U.S. Treasury-related securities to 35% in May from 31%, and raised its leverage on the $261B portfolio. [View news story]
The bulk of the decline in Treasury prices should be over after their worst quarter in 2 years, according to a Bloomberg survey of 21 primary dealers. Expiring tax cuts, the kicking in of mandatory budget cuts, and $100 oil will team up to brake the economy and take a lot of the pressure off of bond prices. [View news story]
Market Turmoil Boosts Long-Term Government Bond ETFs [View article]