FLGV News and Press, Franklin Liberty U.S. Treasury Bond From 05/11/21

Treasury Secretary Yellen is sticking to the Fed’s prediction that inflation will be “transitory.”. Wednesday’s ADP report created giddy expectations of one million or more total jobs created in April, counting all sectors, but the Labor Department reported...

One weak US payrolls number does not change the big picture, and one big inflation print tomorrow will likely not also. It will confirm a big rise in prices in the past year though. That's a clear outcome, but the Fed needs more - a string of them. This is a bond market that has i...

Markets are still grappling with the Federal Reserve's new framework, leading to a disconnect between market pricing and the Fed’s projections for rates. U.S. job growth unexpectedly slowed in April. We believe near-term activity data will unlikely affect the Fed’s polic...

Volatility returned to government bond markets in April, amid a flood of central bank decisions and noteworthy economic data. The largest movement came from the Portuguese 10-year government bond, whose mid-yield surged by nearly 27 basis points to close at 0.49%, the highest level si...

This article looks at 150 years of inflation data from multiple countries, to find correlations and causes. An assessment of whether CPI is accurate, and where it may be off. How different asset classes perform in inflationary/deflationary environments. For further details s...

A big GDP number, rebounding consumer confidence and the first signs of an uptick in inflation - all pointing to a recovery - had some economists positive ahead of the monthly jobs report published by the Bureau of Labor Statistics on Friday morning. However, the actual number of payr...

Because absolute valuations are high by historical standards, stocks are generally vulnerable to multiple compression should there be even a hint of unchecked margin pressure, let alone earnings disappointments. Even a modest rate of inflation could have a substantial negative impact ...

Although large negative real yields have become the norm in core Europe, they were less common in the US. Covid-19 changed that. The re-opening should change that back, but so far it hasn't. A big payrolls report followed by a near-4% inflation number next week should tip the balance....

While many yields are at, or near, their historic lows, opportunity remains in select segments of emerging-market debt, triple B-rated corporate bonds and certain areas of the mortgage-securities market. A good way to approach value stocks has been to find those that are attractively ...

Unprecedented stimulus has lifted US economic activity to within touching distance of its pre-pandemic levels. President Biden isn't finished with more money on its way to complement a private sector reopening spending splurge. The result is likely to be an economy that is larger ...