OPER News and Press, ETF Series Solutions ClearShares Ultra-Short Maturity From 07/13/21

The wild trading in Treasury bonds spooked investors last week as the 10-year Treasury yield hit 1.25% in the early hours last Thursday morning. Perhaps concern is over the Delta variant of Covid that is more contagious and is rapidly spreading across the world - and in unvaccinated p...

The best news last week was the continuing decline in global bond yields, including the 10-year Treasury rate falling below 1.4% last Tuesday. If and when the Fed decides to raise key short-term interest rates, I don’t think they will be able to raise rates by much, since the f...

It should have always been clear to everyone that this restart from a global economic lockdown was never going to a V-shaped recovery! That belief was delusional. The current problems are not going to vanish when the government ends extended unemployment benefits. They are part of the...

On average, stocks in “value” funds have materially lower price/earnings ratios than “growth” funds, the justification for the latter’s higher P/E being that they produce higher earnings. They also appear to be more predictable. Most of the US and mu...

Ten-year government bond yields mostly fell in June, with those for Australia dropping by more than 16 basis points to 1.48%. The second biggest move came from the U.S. 10-year Treasury mid-yield, which ended June nearly 15 basis points lower at 1.44%, its lowest level since early Mar...

This market has been like a roller coaster since Memorial Day. The sector rotation has been the biggest churn. The biggest concern at the moment for longer-term investors, and in particular retirees, is the possibility of higher inflation on the horizon. The housing market, the jo...

Having brushed off hyper-inflation rants in prior years, I started giving inflation a lot of coverage in the last year because I believed inflation was likely to become the driver in our economic malaise in the months ahead. High inflation is a taskmaster that will not be ignored, not...

Current fixed income yields are 4% or more below average realized returns over the last 40 years. The typical 60/40 equity/fixed income portfolio will likely experience reduced return and increased risk. Portfolio optimization suggests the standard aggregate bond fund is no longer...

Over time, the long-term relationship between the yield on the 10-year Treasury note and inflation, represented by the core Consumer Price Index, tends to be relatively stable. At various junctures, this relationship may not hold; for example, when market shocks drive up demand for sa...

Strategas President Nicholas Bohnsack breaks down the recent move in Treasury rates before getting into a few 2H21 and 2022 outlook items. While he remains bullish on equities, he says he wouldn’t be surprised to see some volatility on the horizon. The organic growth driver...