TUZ News and Press, PIMCO 1-3 Year U.S. Treasury Index Exchange-Traded Fund

moral hazard [ˈmôrəl ˈhazərd] NOUN economics lack of incentive to guard against risk where one is protected from its consequences, e.g. by insurance. The market continues to act very well given the horrific economic headlines that have crossed the w...

By Darren Williams COVID-19 has supplied the catalyst for a secular change in the role of central banks. Providing governments with ammunition to fight the virus is now the overriding goal, and this means keeping bond yields pinned close to zero for the foreseeable future. The Changing...

Why has the S&P 500's amplification factor turned negative after more than a decade of being virtually constant? It didn't happen all at once. It has happened in stages , coinciding with significant changes in the Federal Reserve's monetary policies in response to the coronav...

The Eurodollar charts are updated through Friday. The Treasuries chart is monthly. The Treasuries chart suggests that the yield curve is functionally inverted. (The 10 year yield needs to get above the trendline.) Forward 5 year inflation expectations are below 1%. There is a lot of focus on...

Overview: The new week begins slowly in the capital markets. Many markets in the Asia Pacific region, including Japan, Hong Kong, and Australia, gained over 1%, but European and US shares are heavier. Benchmarks off all three regions rallied by 3.4%-3.5% over the past two weeks. Bond markets...

Inflation-adjusted interest rates in the US have been negative before, but the dip below zero this time is different vs. recent decades: the slide is accompanied by a global economic collapse that may or may not be temporary. It's unclear if the latest return of negative real yields will des...

The Saudi Riyal's peg to the dollar has long been a strategic choice, contributing to the economic growth of the Kingdom for more than 30 years. Indeed there is no other currency that could handle the vast ocean of daily oil trades that help to keep the world moving. Because oil is traded in...

By Kevin Flanagan While scant attention is currently being given to the shape of the Treasury yield curve, I wondered what the future would hold. Certainly, there are a lot of other pressing issues making headlines, but what happens the next time the curve inverts - will it still be viewed...

Overview: There is a sense of indecision in the air today. There have been several developments, but investors seem mostly reluctant to extend positions. China reported a surge in exports in April and an increase in the value of reserves. Australia reported a rise in exports in March. The Ba...

Source: Shutterstock Stocks have Rallied Strongly The U.S. stock market just had its best month since 1987 . During April, the S&P 500 gained 12.7%. Since the low on March 23, stocks are up about 30%. This despite a continued torrent of bad economic news, including an enormous increas...