IBTK News and Press, iShares iBonds Dec 2030 Term Treasury ETF From 07/19/21

Consumer prices increased 5.4% in June from a year earlier, as measured by CPI, which was the biggest monthly gain since August 2008. PPI jumped 7.3% on a year-over-year basis, which was a new record. One would normally expect the yields on bonds to rise in tandem, if not exceed these...

The monetary policy followed by the US is like the one followed by Europe and Japan. It is likely to achieve the same results. The amount of debt issued will force the economy to grow slowly. Government dictated demand management will keep producing disappointing results. The sagg...

A series of new all-time index highs but no popping of corks. A flight to safety goes on under the surface - a 1.25% yield on the 10-year Treasury July 7, coupled with a "risk-off" 7% drop in the Russell 2K since July 1. Are we headed for an economic slowdown or recession? This qu...

While the economic growth rate is slowing, that is not a contraction or a recession. If that was the case, you’d see junk bonds selling off too, and that just isn’t the case - at least not yet. Our investment process puts a lot of emphasis on rates of change, whether mac...

The world economy has performed about as well as could be expected, if one takes as given the pandemic and the inadequate public health response. Global growth in 2020 was negative 3.3 per cent, which is very low historically. But the economic outlook is stronger now than one would ha...

One of the biggest challenges an investor faces right now is what to do with the US stock market. It is expensive, but the US government and the Fed seem willing to do anything to keep the market from crashing. What has previously happened to the US stock market when US inflation ...

Bond buying is adding a liquidity excess that is bullying market rates to extraordinary lows, practically into submission. It looks too much and should be unwound, but not just yet, it seems. At least Chair Powell is not giving too much away so far. In Europe, inflation expectatio...

Without a “bad” Treasury auction, there was no stopping the bond market on Wednesday from retracing all of the previous day’s selloff and then some. This despite the huge CPI estimates released before the prior session’s trading, and now PPI figures that are eq...

The Fed has to take away the punch bowl, as part of its mandate is to control inflation. When it does this, there is a recession. People think the Fed can keep the same easy money policy for the next two years. Inflation would be way too high if they do that. However, this time, i...

US inflation is solidly rounding at 5%. Bond yields are nowhere near that, and some $800 billion is getting shipped back to the Fed on a daily basis (overnight). "Forget the taper, just stop the buying already" - that's what the bond market would say, if it could talk. Chair Jay P...