DIAL News and Press, Columbia Diversified Fixed Income Allocation From 08/27/19

Originally published on Aug. 20, 2019 By Philip Lawlor, managing director, head of global markets research The inversion of a widely watched part of the US Treasury yield curve last week has rattled markets already nervous about slowing global growth. Such events warrant attention give...

"The Road to Hell is Paved with Good Intentions." - Saint Bernard of Clairvaux (1090-1153) There is no question really that we are slipping further and further down the rabbit hole. The amount of negative yielding bonds was $12.2 trillion in 2016. A few weeks ago we had $13 trillion of the...

Negative yields may be taking their toll on investor demand, as the world's first 30-year bond offering a zero coupon struggled to find buyers. More news on: Vanguard Total International Bond ETF, Templeton Global Income Fund, SPDR Bloomberg Barclays International Treasury Bond ETF, Global...

Now look at them yo-yos, that's the way you do it You click a keystroke 1-2-3 That ain't workin' that's the way you do it Money for nothin' and your checks for free Now that ain't workin' that's the way you do it Lemme tell ya them guys ain't dumb Maybe get a blister on your little...

There are now more than $13 trillion worth of negative-yielding bonds in the global market. Just the idea of it runs counter to logic, and yet, the amount continues to grow. Two questions that we get often from investors are, "How did we get here?" and "Could it happen in the United State...

"Bond markets are sending one big global recession warning" You have to be kidding me! This headline from CNBC greeted me this morning and appears to give us a significant reason for the Dow Jones, S&P and Nasdaq indices suffering a sharp decline today. It is just one more instance o...

David Beckworth linked to this tweet by Greg Ip: 1/ Random thought: maybe we could defeat lowflation by returning to the gold standard - at $3,000 per ounce. There are some follow-up tweets. In the late 1990s, I wrote a long paper discussing FDR's gold buying program, which was an atte...

By Pater Tenebrarum Anti-Vigilantes We dimly remember when Japanese government debt traded at a negative yield to maturity for the very first time. This happened at some point in the late 1990s or early 2000s in secondary market trading (it was probably a shorter maturity than the 10-y...

July saw several double-digit declines in 10-year government bond yields, amid a flurry of political developments and the lead up to monetary policy decisions. In Southern Europe, Italy's 10-year mid-yield plunged by nearly 54 basis points to end the month at 1.54%. The decline coincided wit...

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...