IGOV News and Press, iShares S&P/Citigroup International Treasury Bond From 08/12/19

July saw several double-digit declines in 10-year government bond yields, amid a flurry of political developments and the lead up to monetary policy decisions. In Southern Europe, Italy's 10-year mid-yield plunged by nearly 54 basis points to end the month at 1.54%. The decline coincided wit...

Growing evidence of a severe global recession is sure to provoke more aggressive monetary policies from central banks. They had hoped to have the leeway to cut interest rates significantly after normalising them. That hasn't happened. Consequently, as the recession intensifies, central banks w...

It is a capital mistake to theorize in advance of the facts. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts. - Sherlock Holmes I believe I have finally figured out why so many people, and institutional money managers, are arriving at wrong conc...

Monetary authorities around the world are using an old playbook: lowering interest rates and the value of their currency in the hopes of stimulate growth in their region. Unfortunately, it won't work in today's VUCA (volatile, uncertain, complex, and ambigous) environment. Our blog last week...

While they have never been a huge sponsor, one of the companies that I very much respected and liked is Aberdeen Asset Management, now known as Aberdeen Standard Investments. The company is truly global and strongly believes in local knowledge. As such, unlike many other sponsors, they gen...

Our July 31st client letter focused on the history of modern monetary policy and what impacts we should expect next. Last week's NY Times article "Why we should fear easy money" is also on point. Just one key takeaway is this: "Recessions tend to be longer and deeper when the preceding bo...

By Ashok Bhatia, Deputy Chief Investment Officer—Fixed Income; Olumide Owolabi, Portfolio Manager—Fixed Income As investors take temporarily weak inflation to be structural, it creates potential value in TIPS. Today's CIO Weekly Perspectives comes from guest contribut...

By Douglas J. Peebles The first half of 2019 was kind to financial markets. Will the good times keep on rolling? In our view, that will depend on whether loosening monetary policy is still an effective way to boost growth. When the year began, markets were bracing for tighter policy from...

David Beckworth: Our guest today is Ulrich Bindseil. Ulrich is currently Director General of the Directorate General Market Operations at the European Central Bank, in November, will become Director General of Market Infrastructure and Payments at the European Central Bank. Ulrich has writte...

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% ...