FLGV News and Press, Franklin Liberty U.S. Treasury Bond From 03/23/21

The Fed’s dramatic balance sheet expansion, combined with rampant deficit spending, resulted in a situation where the economic damage from the pandemic was twice as bad as that of the Great Recession of 2008, yet the damage to financial markets was just half as bad. The 2-10 sp...

One reason behind rising interest rate fears is that import prices continue to rise. Overall, import prices have risen 3% in the past 12 months, so inflationary pressures continue to build. Export prices rose 1.6% in February, following a 2.5% surge in January. In the past 12 months, ...

There is a relentless feel to US yields. Even when they are not rising, there is a certain inevitability that they will. With the Fed targeting policy at the tail of the distribution, the outcome is an ever-steeper curve. The eurozone is still struggling on many fronts, so no surp...

We spoke with Strategas Chief Investment Strategist Jason Trennert on why his team is bullish on the market despite recent volatility and key unknowns like interest rates, inflation, and tax policy. Trennert says they are not overly worried about long-term rates, especially when they&...

The Federal Reserve's decision to remove a Covid crisis-induced emergency measure for banks has important ramifications. It shows that the Fed is confident on US banks and the system. It also suggests comfort on the rise in market rates to date. It, in fact, could be construed as ...

With the Consumer Price Index set at 1.68% last month, you have to beat that rate to get any kind of “Real Return.”. Across all of the asset classes, no one is getting paid for credit risk any longer. Only funds are growing significantly higher than inflation or the ...

No pushback against higher yields from the Fed and the BoE leaves the door open for further rises. In the near term, an extension of the SLR might provide temporary respite. That does not relieve the ECB of its struggle to keep a lid on rates. The large TLTRO is scant consolation....

If the Fed wants to hold yields down, they will have to actually do something. They made numerous statements, but any actual action was missing from the pronouncements. Now yields have surged overnight, with the 10-year Treasury at 1.73%, which is back 24 basis points from yesterday's...

The term premium is the difference between short- and long-term interest rates, and captures the market's expectations of future interest rates. It also contains a risk premium, or how much investors want to be compensated for taking on interest rate and inflation risk associated with...

U.S. Fed holds rates steady and reiterates no rate hikes through 2023. Colbourne: We're in a new Fed framework of Average Inflation Targeting (AIT). Colbourne: Expect to continue to see the U.S. dollar weaker particularly against the Canadian dollar. For further details see:...