Home » Posts tagged 'bonds' (Page 9)
Tag Archives: bonds
The Central Banks Are Losing Control Of The Financial Markets
The Central Banks Are Losing Control Of The Financial Markets Every great con game eventually comes to an end. For years, global central banks have been manipulating the financial marketplace with their monetary voodoo. Somehow, they have convinced investors around the world to invest tens of trillions of dollars into bonds that provide a return that […]
Investors Start To Panic As A Global Bond Market Crash Begins
Investors Start To Panic As A Global Bond Market Crash Begins Is the financial collapse that so many are expecting in the second half of 2015 already starting? Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now. Since mid-April, the yield […]
Bond Crash Continues – Aussie & Japan Yields Burst Higher
Bond Crash Continues – Aussie & Japan Yields Burst Higher The carnage in Europe and US bonds is echoing on around the world as Aussie 10Y yields jump 15bps at the open (to 3.04% – the highest in 6 months) and the biggest 2-day spike in 2 years. JGBs are also jumping, breaking to new 6-month […]
Central Banks Are Pointing A Weapon Of Financial Mass Destruction—–Right At The Global Bond Markets
Central Banks Are Pointing A Weapon Of Financial Mass Destruction—–Right At The Global Bond Markets For the first time in its country’s history, Portugal sold 6 month T-bills at a negative yield. The 300 million euros ($333 million) worth of bills due in November 2015 sold at an average yield of minus 0.002%. A negative […]
The potential bond crisis most people have never heard of
The potential bond crisis most people have never heard of While 007 goes from strength to strength, his financial namesake may be heading for a fall “The name’s Bond,” goes the famous line. But in this case, it’s not James Bond. While nearly everyone knows every detail about the 007 super spy, his lesser-known financial namesake is many times more important. […]
Steen’s Chronicle: The best of times, the worst of times
Steen’s Chronicle: The best of times, the worst of times Significant changes to our JABA model’s long-term outlook Inopportune rise in gold and energy prices expected Commodities will outperform and yields will add another 100 bps Europe will suffer downturn and the US will flirt with recession in 2016 Gold is one of those items that […]
Putin Pans Ukraine’s Debt Moratorium As “De Facto Default”, Threatens Court
Putin Pans Ukraine’s Debt Moratorium As “De Facto Default”, Threatens Court In exactly a month, Ukraine will owe Russia a $75 million debt coupon payment. Finance Minister Anton Siluanov told reporters in Moscow today that “if they miss the payment, we will use our right to go to court.” Then it got serious, as Vladimir Putin […]
It’s Official: The BoJ Has Broken The Japanese Stock Market
It’s Official: The BoJ Has Broken The Japanese Stock Market As those who follow such things are no doubt aware, The Bank of Japan often says some very funny things about inflation expectations and monetary policy. Essentially, the bank is forced to constantly defend its QE program because as it turns out, monetizing the entirety […]
Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode
Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. The most famous bond expert on the planet, Bill Gross, recently […]
Central Banks Warn: Liquidity May Evaporate When Investors Finally Remove Blindfolds
Central Banks Warn: Liquidity May Evaporate When Investors Finally Remove Blindfolds Companies are selling bonds like madmen. This year through Tuesday, investment-grade and junk-rated companies have sold $438 billion in new bonds, up 14% from the prior record for this time of the year, set in 2013, according to Dealogic. This quarter is already in […]
Kiev, Moscow, Bonds and Haircuts
Kiev, Moscow, Bonds and Haircuts When money managers talk outside their narrow field, nonsense is guaranteed to ensue. No better example than this Bloomberg piece on Ukraine’s ‘debt restructuring’ plans, which are as much a political tool as they are anything else at all. Ukraine’s American Finance Minister has announced a broad restructuring plan with […]
Short Term Gains And Long Term Disaster
Short Term Gains And Long Term Disaster About a month ago, Japan’s giant GPIF pension fund announced it had started doing in Q4 2014, what PM Abe had long asked it to: shift a large(r) portion of its investment portfolio from bonds to stocks. No more safe assets for the world’s largest pension fund, or […]
Dumping American Junk in Europe, Draghi Asked for it
Dumping American Junk in Europe, Draghi Asked for it This is just the beginning, a new trend that may well turn into the next craze. ECB President Mario Draghi, in his infinite wisdom, asked for it: he’d driven the ECB deposit rate deeper into the negative, to -0.2%, and has promised to buy €60 billion […]
Thanks For The Corporate Bond Bubble, Fed
Thanks For The Corporate Bond Bubble, Fed Once upon a time businesses borrowed long term money—-if they borrowed at all—-in order to fund plant, equipment and other long-lived productive assets. That kind of debt was self-liquidating in the sense that it usually generated a stream of income and cash flow that was sufficient to service and […]
Shale Company Defaults On $175 MM In Bonds Without Making A Single Interest Payment
Shale Company Defaults On $175 MM In Bonds Without Making A Single Interest Payment Update: And just to prove that people are indeed, idiots, moments ago this hits: ENERGY XXI GULF COAST, INC. PRICES UPSIZED PRIVATE OFFERING OF $1.45 BILLION OF 11.000% SENIOR SECURED SECOND LIEN NOTES DUE 2020 We set the odds at 75% […]
