The near-term prospects for a significant rise in inflation, which would push bond yields upward, are dim. But if inflation rises before real-return bonds (RRB) reach the middle of their term to maturity or beyond, they will be profitable; indeed, present prices for RRBs then will seem cheap. Investment in RRBs is a macroeconomic speculation […]
A big market shock could trigger a rush for cash as happened in the crisis of 2008
The path is risky, but rising interest rates and more liquidity in bond markets could see bonds delivering more "normal" returns
Rising interest rates spell the end of the three-decade bond bull market. Now, protecting income and avoiding capital loss is the essential strategy
The Trump presidency is likely to mean rising bond yields as spending rises and taxes decline
Bond investing strategies are changing as the U.S. and Canadian central banks head in opposite directions
An increase in interest rates would mark the end of the 34-year bond bull market and hit long government bonds especially hard
The macro trends for low bond rates remain, including long-term demographic changes. The stocks of corporate-bond issuers may be more attractive to investors as a result
At a time when government issues and top-tier corporates are priced to produce negative real yields, why hold bonds at all?
Between political and economic uncertainty, skittish investors and oceans of cheap money, historically low rates are likely to be typical for years to come