IGOV News and Press, iShares S&P/Citigroup International Treasury Bond From 07/28/19

The Fed is about to change course officially this week beginning with at least a 25-basis cut in the Funds rate. The last five times the Fed cut rates "outside of recessions-including 1984, 1987, 1989, 1995 and 1998-the S&P 500 rose an average of 11% over the subsequent six months and 16% ...

" Bankers Stunned as Negative Rates Sweep across Danish Mortgages. " Yes, this sensationalistic headline is true. Negative interest rates are available in Denmark on adjustable-rate mortgages with durations under five years. So after paying some upfront fees, borrowers on these loans recei...

Yield curves have gone mad. Negative yields are everywhere, from AAA-rated government bonds to corporate junk . Most developed countries have inverted yield curves, and a fair few developing countries do too: (chart from worldgovernmentbonds.com) Negative yields and widespread yield c...

By Krishna Memani , Vice Chairman of Investments As the Fed unwinds previous rate hikes, don’t count on the dollar to move much I continue to believe international equities and fixed income may offer good value and diversification. However, I find it somewhat disconcertin...

There are growing signs that the global economic slowdown is for real. As was the case in 1929, the combination of the peak of the credit cycle coupled with trade protectionism in the Smoot-Hawley Tariff Act are similar conditions to those of today and potentially pose a serious economic chall...

By Barkley Rosser Buried in the Weekend section of the Financial Times is a report that the aggregate value of assets that earn negative nominal yields has substantially expanded since the beginning of 2019 and has reached a new high. So, on January 1, 2019, the value of these assets was...

By Krishna Memani , Vice Chairman of Investments The Fed's pivot to easier policy likely extends the current business cycle As the global equity markets rebounded from their December 2018 lows, we have all heard the constant refrain: Bad news being good news can't last, the day of...

There are few things about financial markets about which one can be certain. However, there could be an exception today when there is such a discrepancy between the gloomy government bond market and the optimistic equity market's view as to where the US and world economies might be headed. In ...

Government bond yields fell in June, with eurozone's peripheral economies registering the most pronounced moves. Italy and Greece saw the yield on their 10-year benchmark notes plunge 58 and 42 basis points over the month to close at 2.07% and 2.30%, respectively. Similarly, their Portuguese a...

It used to be that the central banks were part of the markets, all of the markets. It used to be the consensus viewpoint that they had a large influence on the short end of the Yield Curve but not on the long end of the Yield Curve. It used to be, as exemplified by the "Bond Vigilantes," that ...