FLGV News and Press, Franklin Liberty U.S. Treasury Bond From 09/09/21

“Real” rates are the interest rates that an investor receives after adjusting for inflation - in this sense they are the “real” yield you receive from owning the asset. With economies still chugging along and yield-eating inflation rising, investors are pil...

The missing, but long-overdue correction in stocks is probably a factor of the relentless pumping of electronic dollars into the financial system at a rate of $120 billion per month, causing the Fed balance sheet to rise to $8.349 trillion at last count. Suppressing bond market volati...

Green issuance remains a hot topic after the summer. This is not only as Germany launches a new 10Y today, but also as the EU prepares its entrance to the market to become a significant player. Supply also looms for USTs today, meaning they could remain in the driving seat a littl...

Despite the lowball jobs total on Friday, plenty of good news is buried in the small print, like massive revisions to the previous two months. In addition, Hurricane Ida may have suppressed reporting of August payroll data. There are some more clues in the ADP reported last Wednesday,...

The economic slowdown we’ve been writing about for months officially arrived last Friday in the form of a particularly weak employment report. But the US economy did still add 235,000 jobs in August. The economic recovery is still intact, even if at a reduced rate of change. ...

Risk-adjusted performance continued to rise in August for the Global Market Index. Sharpe ratios in global markets generally are elevated. GMI represents a theoretical benchmark for the “optimal” portfolio. For further details see: Major Asset Classes | Aug...

How markets feel about risk is uber-important, but risk perception is minimal right now. One measure of this is the rate banks need to pay to entice investors to invest in commercial paper. It's never been lower, helped by risk-on and tight credit spreads. Any Fed taper which elev...

Given the sizeable skew in the distribution of outcomes toward negative real returns, it's extremely important to be selective in high-quality fixed income, and to be truly vested in one’s investments so that portfolios are not permanently impaired. In the short term, the commo...

We doubt the drivers behind the narrowing of USD-EUR rates differential will persist: supply will swing the other way ahead, and overly hawkish ECB comments sow the seeds of a mini-tantrum. We're at a crossroads on many fronts. Direction usually comes from the US, but not always. ...

Franklin Liberty U.S. Treasury Bond ETF (NYSEARCA:FLGV) - $0.0379. 30-Day SEC Yield of 0.60% as of Jul. 31. Payable Sep 07; for shareholders of record Sep 01; ex-div Aug 31. For further details see: Franklin Liberty U.S. Treasury Bond ETF declares monthly distribution of $0.0379