DIAL News and Press, Columbia Diversified Fixed Income Allocation From 07/22/19

Yield curves have gone mad. Negative yields are everywhere, from AAA-rated government bonds to corporate junk . Most developed countries have inverted yield curves, and a fair few developing countries do too: (chart from worldgovernmentbonds.com) Negative yields and widespread yield c...

By Krishna Memani , Vice Chairman of Investments As the Fed unwinds previous rate hikes, don’t count on the dollar to move much I continue to believe international equities and fixed income may offer good value and diversification. However, I find it somewhat disconcertin...

There are growing signs that the global economic slowdown is for real. As was the case in 1929, the combination of the peak of the credit cycle coupled with trade protectionism in the Smoot-Hawley Tariff Act are similar conditions to those of today and potentially pose a serious economic chall...

By Barkley Rosser Buried in the Weekend section of the Financial Times is a report that the aggregate value of assets that earn negative nominal yields has substantially expanded since the beginning of 2019 and has reached a new high. So, on January 1, 2019, the value of these assets was...

By Krishna Memani , Vice Chairman of Investments The Fed's pivot to easier policy likely extends the current business cycle As the global equity markets rebounded from their December 2018 lows, we have all heard the constant refrain: Bad news being good news can't last, the day of...

There are few things about financial markets about which one can be certain. However, there could be an exception today when there is such a discrepancy between the gloomy government bond market and the optimistic equity market's view as to where the US and world economies might be headed. In ...

Government bond yields fell in June, with eurozone's peripheral economies registering the most pronounced moves. Italy and Greece saw the yield on their 10-year benchmark notes plunge 58 and 42 basis points over the month to close at 2.07% and 2.30%, respectively. Similarly, their Portuguese a...

By Kathy A Jones No matter what kind of bond you own, its price and yield are going to be influenced by a number of risk factors: the direction of interest rates, inflation expectations and the credit of the issuer being the most prominent among them. When you invest in international bonds...

Negative yields on bonds are back with a vengeance. The five-year German government bond yield reached an all-time low of ‑0.69% after European Central Bank ((ECB)) President Mario Draghi delivered a dovish speech on June 18, indicating that the ECB could provide additional stimulus if ...

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 ...