FLGV News and Press, Franklin Liberty U.S. Treasury Bond From 10/24/23

2023-10-24 08:41:00 ET Related stories The Budget Deficit: Increasing At A Challenging Pace, And The Impact On TLT Fed Focus, Loving + Hating Earnings Season, Bonds Competing With Stocks U.S. Treasury returns set for worst month this year; Ackman short bet pays off ...

2023-10-24 03:21:00 ET Summary While some argue that inflation remains a concern in 2023, it certainly is trending in the right direction. The consensus is that 2023 will witness a small decline in corporate earnings but then improve again as we move into Q4 and 2024. Credit s...

2023-10-23 11:05:00 ET Summary Yields on the US 10-year are up nearly 150bp since April, within touching distance of 5%, and 30-year yields are now just over 5%, up from 3.7% in April. The two-year yield is up just 100bp over the same period. The yield curve has bear-steepened by ...

2023-10-20 04:15:00 ET Summary The third quarter market performance started strong as companies reported stronger second quarter earnings due to subsiding input costs. The market took a breather in August and September resulting in small declines across many indices in the quarter...

2023-10-18 20:55:00 ET Summary With all the attention given to the recent surge in Treasury (UST) yields, there has been an interesting by-product in the process: steepening yield curves. Remember when inverted yield curves were all the rage, and their historical track record was ...

2023-10-16 05:18:00 ET Summary According to Morningstar, the iShares TLT’s SEC yield, is 4.85%, while the 12-month yield is 3.57%, thus splitting the difference on the TLT yield puts the average around 4.2%. The flip side of the Treasury valuation argument is that the Treas...

2023-10-14 03:55:00 ET Summary The risk of a crisis event in the economy is increasing, as the Fed’s "higher for longer" narrative is compromised by lagging economic data. The yield curve inversions occur roughly 10-24 months before a recession or crisis event. This is beca...

2023-10-13 10:30:00 ET Summary We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by...

2023-10-11 01:05:00 ET Summary Over the past 12 months industrial production has been flat and the ISM Manufacturing Report has been warning of imminent recession. Despite the warnings from reliable leading indicators, the dominant view now is that there will be a “soft lan...

2023-10-10 12:45:00 ET Summary In September, the Bank of England’s Monetary Policy Committee paused rates at 5.25% for the second month running, based on softer inflation figures for the month. However, inflation generally, and in the UK in particular, has proven stickier t...