I’ll start by talking about some of the well documented and rehashed reasons why you should not buy high yield bonds. Interest rates are low, spreads (difference between yields on junk credit and investment grade bonds/Treasuries) are very narrow, and junk debt just doesn’t present a compelling opportunity. […]
Bond Investment Ideas
A True Source Of Value For Bond Investors
There are few investments where value can tangibly be seen. As I’ve mentioned numerous times in the past, closed-end funds – usually referred to as CEFs, are a source of visible value for bond investors in the securities universe. […]
Puerto Rico Proposes Debt Restructure Deal and Today’s Other Top Stories
Today’s Best of The Bond Market
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Central Banks Look to Offload Treasury debt and Today’s Other Top Stories
Today’s Best of The Bond Market
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Asset Allocation – How Much of Your Portfolio Should Be In Bonds?
One of the most critical aspects of portfolio management is Asset allocation . It has been often researched and opined that the types of assets one […]
Why is a Properly Diversified Fixed Income Portfolio so Important Today?
We don’t know where interest rates, inflation and growth will be. Because of this, it is imperative that investors consider a properly diversified fixed income portfolio. […]
Where Has All The Value Gone?
In general, the widespread value opportunities that existed over the past five years have disappeared and been replaced with opportunities that do not provide sufficient risk-adjusted returns. […]
Portfolio Diversification
Diversification tries to smooth out unsystematic risk events in a portfolio, and moderate the short-term effects of individual investments, so that the positive performance of some assets will neutralize the negative performance of others. […]
Bond Market Bears Should Bear This In Mind
After closing 2013 above 3% on the 10-year Treasury and near 4% on the 30-year Treasury, yields have dropped roughly 40 to 55 basis points respectively. […]
Are You A Bond Investment Activist Or Pacifist?
One of the basic decisions one faces when building and managing a bond investment portfolio, or stock portfolio for that matter, is whether an active or a more passive strategy will be employed. […]