FLGV News and Press, Franklin Liberty U.S. Treasury Bond From 03/01/21

Bonds were selling off, stocks were selling off, commodities were rallying. What really happened last week was the market's real growth expectations improved. What investors should have learned last week is that diversification does indeed work and it works when you need it most. ...

Bond yields are rising which is okay if a rising economy is the cause. They also need to rise slowly as to not shock markets. Well, bond yields began to rise too quickly last week and investors began to panic, sending the stock market lower. The CNN Fear and Greed index is at a Ne...

The sell-off in government bond yields has attracted a fair amount of excited commentary. The subtext is that something interesting is going to happen. I think most estimates of the term premium are weak, and that the 5-year ought to have a steady positive term premium. Bond marke...

The COVID-19 recession was an exogenous shock, which meant that it could be deep and painful but was unlikely to last very long. This meant that the probability of a deflationary (or disinflationary) recovery was unlikely. Credit contractions are inherently deflationary because they s...

In January 2020, the 10-year US Treasury had yield of 1.8%. The S&P 500 was on its way to a 4.6% gain and a new record high by February. Then, Covid-19 hit, and in the flight to safety that followed, the 10-year yield went below one-half of one percent. When you consider that low ...

The reflation theme is alive, well, and prospering. Fed Chairman Powell sees a long road to recovery, is not concerned about rising prices, and he plans to keep short-term rates low for a long time. And it's not just stocks that are benefiting. For further details see: R...

There is no alternative to stocks simply because rates are so low, close to zero, and stocks were the only place you could get a return over the past few years. There have been many times in the past ten years where the S&P 500 has yielded nearly 2%, while the 10-year US Treasury ...

The battle between bond traders and the Federal Reserve is starting to heat up as bond yields wrestle with crucial overhead resistance and the broad market continues in lockstep with bond yields. My rationale has been that as the Fed continues with QE the bond market has been showing ...

More tech-heavy momentum names underperforming the cyclical names sensitive to economic growth. Steepening yield curve indicates much stronger growth this year. Craig: With global cases falling and vaccine rollouts, likely to see a mini boom in summer time. For further detai...

While November 10 represented Pfizer's "stunning" vaccine announcement, it was also around that time jobless claims bottomed out therefore rising economic retrenchment risks. In early January, reflation was given another boost, allegedly, by the results of the Georgia Senate elections...