TUZ News and Press, PIMCO 1-3 Year U.S. Treasury Index Exchange-Traded Fund From 02/11/20

By Jim Iuorio For several months, Fed watchers have engaged in a debate about whether or not the Fed's repo market operations are equal to quantitative easing. It's a fun discussion, but in the end, I don't think it matters. What does matter is that the Fed appears willing to ac...

Last week, the bond market sold off modestly after a week of strong gains due to safety big from the coronavirus outbreak. Going forward, expect a return to a slow, disciplined selloff, reminiscent of that which occurred in the second have of 2019. This is due to stabilizing growth expectation...

By Scott DiMaggio and Eric Winograd TRANSCRIPT: This video is the first in a series on bond investing late in the cycle. Scott DiMaggio : Eric, the Fed balance sheet is back in focus in financial markets for the past couple of months. The Fed has expanded the size of the balance ...

Should the Federal Reserve emulate Canada in respect to the central bank's operating system? Marc Lavoie is a professor of economics at the University of Ottawa and the author of a recent article on the Bank of Canada's operating system. Marc is also the coauthor of a popular textbook titl...

With inflation remaining steadfastly below the Fed’s target of 2%, investors have every incentive to embrace equities while eschewing low-yielding bonds. In this report, I’ll make the case that with Dow 30 stock yields decisively above Treasury yields, the bull market in equities...

The value of the US dollar strengthened on Wednesday. For a while the cost of one Euro dropped below $1.1000 while the US dollar index (DXY) closed the day at 98.27, its highest level since late November. The immediate reason given for the rise is that investors and traders have beco...

Globally, central banks undertook monetary easing efforts in 2019 by the most since the 2008 financial crisis as shown in the chart below courtesy of the IMF. This enabled unsustainable deficits, debts, businesses and financial Ponzis to continue a while longer and made the global economy an...

Interest rates have declined back toward the August lows (though they have bounced back up a bit over the past couple of days). Generally, this month has continued the trend that suggests the Fed will be a bit behind the curve, long-term rates will remain low, and eventually they will have to ...

The inflation story in Canada and the United States has not been particularly exciting for some time, and I am not in a position to argue that this will change anytime soon. I just want to update a chart that I think is extremely useful when discussing the alleged external constraint on floati...

By Kevin Flanagan This year has gotten off to an unusual start in the financial markets. Typically, the focus would be on the Federal Reserve (Fed) and/or economic developments, but unfortunately, the coronavirus has taken center stage. I thought it would be useful to offer some insights f...