Q2 in Review – A Tale of the Bipolar Bond Market


Dictionary.com defines “bipolar” as “characterized by opposite extremes.” In searching for a word to describe the bond market’s behavior during the second quarter of 2013, bipolar seems rather appropriate. In terms of yields, the 30-year U.S. … [Read more...]

Rising Bond Yields Are A Dream Come True

rising bond yields

In his June 19 press conference, Bernanke noted that the Fed was “puzzled” by the recent sharp rise in interest rates. He further mentioned the possibility that optimism about the economy may be part of the reason for rising rates. As someone who is … [Read more...]