DIAL News and Press, Columbia Diversified Fixed Income Allocation From 06/19/19

By Kristina Hooper , Chief Global Market Strategist All eyes will be on this week's US Federal Reserve (Fed) meeting - especially the statement (whether the central bank will retain its "patient" stance) and the "dot plot" (which charts the outlook for interest rates). The June 18-19 Fed ...

ECB boss Mario Draghi overnight suggested conditions could warrant another rate cut or further QE. The comments sent European shares and U.S. futures higher, but the really big action is being seen in interest rates. More news on: iShares 20+ Year Treasury Bond ETF, ProShares UltraShort ...

The bond market seesaw continues. Following April's increases, yields for 10-year government bonds fell in May amid trade tensions, economic and monetary uncertainty, and political drama, with most sinking by double digits. The U.S. Treasury 10-year mid-yield plunged by 36.5 basis points, tr...

By Gerhardt (Gary) P. Herbert, CFA, Portfolio Manager and Head of Global Credit, and Reina Berlien As global bond investors, analyzing economic indicators is like second nature to us. However, political risk has become a prevalent factor in both local and hard currency sovereign bond valua...

The dollar holds a special place in the world currency market. Following Friday's strong job report, it is surprising we are not hearing anyone talking about raising interest rates or how this may be inflationary. Instead, the focus has been steered in the direction of how we have obtained a "...

Paying someone in order to lend them money seems kind of pointless. Yet, the practice of stashing wealth in places where it yields nothing (and maybe even costs a bit for storage) is more common than you might think. Chinese, Russians, and Brazilians, for instance, buy US and Canadian condos...

By Richard Brink and Walt Czaicki These are tricky days for the global economy. As growth downshifts and corporate earnings weaken, some investors are dusting off playbooks for late-cycle investing. That makes sense, but there are a few twists to today's market conditions that may require...

MMTers tend to back the permanent zero interest rate idea. E.g. Warren Mosler (and Matthew Forstater) wrote a paper entitled "The Natural Rate of Interest is Zero." Milton Friedman also said he couldn't see the point of interest-yielding government debt (see his para starting "Under the pr...

By Frank Shostak Currently, we can observe a general slowdown in the annual growth rate in price inflation across major countries around the world. For instance, the yearly growth rate of the US consumer price index ((CPI)) fell to 1.5% in February from 1.6% in January and 2.2% in February...

This is really getting out of hand. For the fourth day in a row, unofficially, Effective Federal Funds, or EFF, remains above IOER. At the same, now the 10-year UST yields less. What was last week pretty concerning stuff before the Fed's capitulation is this week whatever category lies below. ...