Tag

yields

37 articles

Higher Yields Restore Bond Appeal to 60/40 Portfolios
Macro & Rates3d ago
Higher Yields Restore Bond Appeal to 60/40 Portfolios
Treasury yields at multi-year highs revive the income case for balanced allocations after a decade of near-zero returns forced equity bias.
Fed Minutes Show Higher-for-Longer — Dollar Holds 18-Month Peak
Macro & Rates9d ago
Fed Minutes Show Higher-for-Longer — Dollar Holds 18-Month Peak
Bond traders price diminished odds of near-term rate cuts as Fed reiterates inflation concerns, keeping yields elevated across the curve
Japan 30-Year Auction Demand Tops 12-Month Average as Yields Draw Buyers
Macro & Rates9d ago
Japan 30-Year Auction Demand Tops 12-Month Average as Yields Draw Buyers
Stronger interest in Japan's long-dated JGB sale signals investor appetite for duration at higher coupons amid yield curve control debate.
French 10-Year Spread Hits 160 Bps Over Germany as Fiscal Concerns Trigger Selloff
Macro & Rates10d ago
French 10-Year Spread Hits 160 Bps Over Germany as Fiscal Concerns Trigger Selloff
Investors dump eurozone periphery debt on deficit fears, pushing French-German spread to highest since 2012 as bond vigilantes reassess fiscal discipline across Europe
Air Liquide Taps €2B Bond as French OAT Spreads Blow Out to 146 bps
Macro & Rates10d ago
Air Liquide Taps €2B Bond as French OAT Spreads Blow Out to 146 bps
Industrial gases company's multi-tranche issuance tests investor appetite as France's 10-year borrowing premium over Germany hits near 15-year highs amid fiscal and political strain.
10-Year Yield Breaks 5% as Bessent's $5.2B Buyback Fails to Dent Curve
Macro & Rates10d ago
10-Year Yield Breaks 5% as Bessent's $5.2B Buyback Fails to Dent Curve
Treasury Secretary Scott Bessent's debt buyback provided no lasting relief, as the bond market demands higher compensation for duration risk amid fiscal concerns.
Man Group Study: Inflation Acceleration, Not Level, Drives Bond Losses
Research & Analysis11d ago
Man Group Study: Inflation Acceleration, Not Level, Drives Bond Losses
Research by Man Group shows the speed of price growth matters more than high inflation itself in damaging Treasury performance, challenging conventional wisdom.
JGB 10-Year Yield Breaks 3% as Citi Eyes Peak; Institutions Await Fiscal Clarity
Macro & Rates11d ago
JGB 10-Year Yield Breaks 3% as Citi Eyes Peak; Institutions Await Fiscal Clarity
Japanese government bond yields touch 3.030%, highest in decades, as strategists signal a potential entry point contingent on clearer fiscal policy direction
Apollo's Slok: 5% Treasuries End Decade of Yield Famine
Macro & Rates14d ago
Apollo's Slok: 5% Treasuries End Decade of Yield Famine
Chief economist Torsten Slok says fixed-income yields have finally become attractive, with 10-year Treasuries near 5 percent and CCC credit at 15 percent, ending the low-rate era that forced risk-taking for income.
Treasury Yields Hit Multi-Year Highs as BOJ Shows Faster Tightening
Macro & Rates16d ago
Treasury Yields Hit Multi-Year Highs as BOJ Shows Faster Tightening
Softer August inflation failed to arrest the bond selloff as the Bank of Japan's hawkish pivot and persistent global price pressures keep duration under pressure
Japan's 3% Yields Siphon Treasury Demand as Bessent Pushes FIMA Expansion
Macro & Rates21d ago
Japan's 3% Yields Siphon Treasury Demand as Bessent Pushes FIMA Expansion
With Japanese 10-year yields at 3 percent for the first time since 1996, foreign demand for US Treasurys weakens just as long-term yields approach 2007 highs
Long-Dated Corporate Bonds Vanish as 30-Year Yields Hit 20-Year High
Macro & Rates27d ago
Long-Dated Corporate Bonds Vanish as 30-Year Yields Hit 20-Year High
Aon's 2056 notes draw seven-times-oversubscription as companies shun expensive long-term funding, leaving pension funds and insurers starved for duration.
ECB, BOE Rate Hike Bets Surge: Germany Two-Year Yield Hits 3.08%
Macro & Rates32d ago
ECB, BOE Rate Hike Bets Surge: Germany Two-Year Yield Hits 3.08%
Interest rate swaps now price 90 basis points of ECB increases by December 2027, with Bank of England showing similar tightening expectations as oil climbs above $100.
NZ 10-Year Yields Hit 4.72% as Traders Price in RBNZ Pause
Macro & Rates33d ago
NZ 10-Year Yields Hit 4.72% as Traders Price in RBNZ Pause
A 32-basis-point quarter rally reflects market conviction that stabilizing inflation and cooling labor data will keep the central bank on hold
Treasury Buyback Fails to Stem 10-Year Surge to 4.85%
Macro & Rates36d ago
Treasury Buyback Fails to Stem 10-Year Surge to 4.85%
Scott Bessent's $6 billion bond repurchase operation backfired Wednesday as the 10-year yield hit its highest level since November 2023, signaling market rejection of official yield management.
Muni Yields Hit 15-Year High as Treasuries Rally, Supply Swells
Macro & Rates36d ago
Muni Yields Hit 15-Year High as Treasuries Rally, Supply Swells
Longest-dated municipal bonds yield 15 basis points higher, touching 2011 peaks as Treasury rates rise and new issuance floods the market.
Treasury's $6B Buyback Fails to Halt 10-Year Climb to 4.85%
Macro & Rates37d ago
Treasury's $6B Buyback Fails to Halt 10-Year Climb to 4.85%
The U.S. Treasury's debt repurchase operation disappoints bond markets, with the 10-year yield hitting a three-year high as investors signal the intervention was too small.
AUD Hits 13-Year High Versus Kiwi as RBA-RBNZ Rate Divergence Widens
Macro & Rates39d ago
AUD Hits 13-Year High Versus Kiwi as RBA-RBNZ Rate Divergence Widens
Yield differential between Australia and New Zealand widens as markets price RBA tightening against RBNZ pause, lifting Australian fixed-income assets and the currency to 13-year highs.
BlackRock, JPMorgan Rotate to EM Debt as U.S. Spreads Hit 30-Year Lows
Macro & Rates40d ago
BlackRock, JPMorgan Rotate to EM Debt as U.S. Spreads Hit 30-Year Lows
Two major asset managers are shifting capital from U.S. fixed income into emerging market local-currency debt as domestic credit spreads compress to historic lows.
BlackRock, JPMorgan Exit US Credit as Spreads Hit 30-Year Lows
Macro & Rates41d ago
BlackRock, JPMorgan Exit US Credit as Spreads Hit 30-Year Lows
Two mega-managers rotating into EM local debt, betting on dollar weakness and higher real yields as US investment-grade and high-yield valuations compress
Treasury Doubles Buybacks to $4B as 10-Year Yields Hit 20-Year High
Macro & Rates44d ago
Treasury Doubles Buybacks to $4B as 10-Year Yields Hit 20-Year High
The Treasury expanded bond purchases to $4 billion per operation through November, signaling urgency as long-end yields surge past levels unseen since 2004.
Ethena Targets 5X Bitcoin Yields Pivoting to Equity Perpetuals
Digital Assets49d ago
Ethena Targets 5X Bitcoin Yields Pivoting to Equity Perpetuals
Ethena expands USDe into equity perpetual futures to capture 14-17 percent funding rates as crypto basis trades collapse to 2.2 percent.
Warsh Breaks Jackson Hole Tradition, Withholds Rate Guidance as Inflation Concerns Mount
Macro & Rates49d ago
Warsh Breaks Jackson Hole Tradition, Withholds Rate Guidance as Inflation Concerns Mount
Fed Chair's refusal to signal future rate direction leaves bond markets parsing a shift toward opacity, as traders price in sticky inflation risks.
French 30-Year Yield Hits 4.8558%, Highest Since 2008
Macro & Rates50d ago
French 30-Year Yield Hits 4.8558%, Highest Since 2008
Global government borrowing costs surge as investors demand higher returns for duration risk amid persistent inflation and central bank tightening pressure.
Private Sector Lifts Treasury Demand as EM Bonds Yield 5.78%
Macro & Rates50d ago
Private Sector Lifts Treasury Demand as EM Bonds Yield 5.78%
Foreign private ownership of U.S. Treasuries reaches 59%, cushioning yield pressure on emerging markets as EM fixed income outpaces global aggregates.
Treasury Doubles Bond Buybacks as Long-End Yields Hit Near-20-Year Highs
Research & Analysis54d ago
Treasury Doubles Bond Buybacks as Long-End Yields Hit Near-20-Year Highs
Scott Bessent raised the maximum buyback operation size from $2 billion to $4 billion, targeting 10- to 30-year debt after a buyers' strike dating to late June.
Investment-Grade Data Center Debt Yields Turn Junk-Bond Cheap
Macro & Rates55d ago
Investment-Grade Data Center Debt Yields Turn Junk-Bond Cheap
Oracle and SpaceX bonds trade at speculative-grade levels as Microsoft-linked Project Odyssey draws $7.8 billion in orders for $3.9 billion offering.
Treasury Doubles Long-Bond Buybacks to $4B, Targets Yield Compression
Macro & Rates58d ago
Treasury Doubles Long-Bond Buybacks to $4B, Targets Yield Compression
Treasury expands liquidity operations in 10-30 year sector to $4 billion per operation, effective Sept. 9, as long-end yields reach multi-year highs
Ethereum Staking Hits All-Time High as Yields Fall to 3-Year Low
Digital Assets65d ago
Ethereum Staking Hits All-Time High as Yields Fall to 3-Year Low
A record 41.41 million ETH is now staked—33.98 percent of total supply—while the 7-day staking APR has dropped to 2.66 percent, its lowest since 2023.
July CPI Forecast at 3.4% Puts Fed Pause Under Pressure as Yields Face Renewed Test
Macro & Rates66d ago
July CPI Forecast at 3.4% Puts Fed Pause Under Pressure as Yields Face Renewed Test
Economists project a 0.1 percent monthly CPI gain for July and 3.4 percent year-over-year, enough to keep the short end of the yield curve on edge.
U.S. Investment-Grade Bond Issuance Hits $18 Billion, Most in Seven Months
Macro & Rates67d ago
U.S. Investment-Grade Bond Issuance Hits $18 Billion, Most in Seven Months
Nineteen firms tapped the U.S. corporate debt market Monday, marking the largest single-day issuance since April 30 as companies lock in funding.
Fed Holds at 3.5%-3.75%, Putting Tokenized Treasury Yields in Focus
DeFi & On-Chain71d ago
Fed Holds at 3.5%-3.75%, Putting Tokenized Treasury Yields in Focus
The Federal Reserve kept rates unchanged, sustaining the yield floor for tokenized Treasuries and tightening the capital-flow competition against DeFi lending pools.
Speculative Credit Spreads Widen as Growth Assumptions Break Down
Macro & Rates83d ago
Speculative Credit Spreads Widen as Growth Assumptions Break Down
Bondholders in high-growth frontier sectors face mark-to-market losses as higher discount rates gut long-dated revenue projections and push default risk higher.
Tropical Storm Noul Threatens China Harvest, Pressures PBOC Rate-Cut Path
Macro & Rates85d ago
Tropical Storm Noul Threatens China Harvest, Pressures PBOC Rate-Cut Path
Heavy rains from Tropical Storm Noul could disrupt agricultural output across key Chinese provinces, lifting food prices and constraining PBOC easing room.
Dutch Productivity Model Compresses Labor Costs, Shapes ECB Rate Path
Macro & Rates147d ago
Dutch Productivity Model Compresses Labor Costs, Shapes ECB Rate Path
Netherlands' high-output, shorter-hours workforce reduces unit labor costs and inflation pressure, influencing European Central Bank policy decisions
10-Year Treasury Yield Hits 4.68%, Pressures Growth Stocks
Macro & Rates151d ago
10-Year Treasury Yield Hits 4.68%, Pressures Growth Stocks
Rising bond yields pull capital from equity markets, especially growth sectors sensitive to discount rates and higher borrowing costs
KelpDAO Attack Slashes DeFi Yields 20 Percent, Triggers Market Contagion
Digital Assets175d ago
KelpDAO Attack Slashes DeFi Yields 20 Percent, Triggers Market Contagion
The recent KelpDAO security breach has sent shockwaves through the decentralized finance ecosystem, causing a significant compression of native yields and sparking broader market fear.