SPIP News and Press, SPDR® Portfolio TIPS ETF From 04/05/21

The BLS reported Friday that the US added nearly 1,000,000 jobs in March, a number well above the supposed consensus of 675,000 jobs. It was what the market has been looking for - the arrival of the end-of-the-virus-boom. However, even a booming jobs report that showed job growth acro...

SPDR Portfolio TIPS ETF (SPIP) - $0.1006.Payable Apr 08; for shareholders of record Apr 05; ex-div Apr 01. For further details see: SPDR Portfolio TIPS ETF declares monthly distribution of $0.1006

The jarring retreat in global bond markets this year has provoked comparisons to the mid-2013 Taper Tantrum, when the Fed hinted at the prospect of scaling back its QE program. While today's upheaval shares many similarities with that earlier event, there are also some notable differe...

Investors have been hearing prognostications of “runaway inflation" for more than a decade now, since the end of the global financial crisis. With central banks and governments around the world offering up unprecedented stimulus spending to combat pandemic-induced economic disr...

The demand for money - as measured by the ratio of M2 to nominal GDP - currently stands very near to an all-time, eye-popping high. Compared to the levels which prevailed 2 years ago at this time of year, air traffic is now down only 40%, whereas at the lows of last April, air traffic...

The dollar may have more upside in the near term but market positioning may have gotten too bullish too soon for a big move. Stocks were mostly down last week, Japan a notable exception and up 2.77% on the week. In general, foreign markets did a bit better than the US with even EM...

Real yields of reserve currency sovereign bonds are negative and the lowest ever. Bonds have been in a 40-year bull market that has rewarded those who were long and penalized those who were short, so the bull market has produced a large number of comfortable longs who haven't gotten s...

"Runaway inflation or continued deflation?" "Rising rates or rates dropping below the zero bound?" These are just some of the questions investors are starting to ponder as the economy re-opens. The current interest rate environment is particularly complex because there are so many com...

Without a doubt, the biggest story in bond-land, if not the financial markets in general, thus far in 2021 has been the spike in the U.S. Treasury 10-year yield. At this point, the federal government's financing needs reflect the baseline trillion-dollar deficit coming into this fisca...

the market is also beginning to get concerned about rising inflation: inflation expectations over the next 5 years have risen from 0.5% last summer to now over 2.5% per year. The economy doesn't need more demand, it needs more people working and more businesses reopening. The econ...