Not exact matches
«A bear market in
bonds calls for more than a
global cyclical upswing, as not all forces that dragged
yields down
over the past decades have suddenly vanished,» argued Peter van der Welle, a strategist at Robeco.
At the same time,
global economic expansion and monetary policy normalization point to a gradual rise in
bond yields over the next five years.
Over time, MFS has been a leading innovator in the asset management industry, including creating one of the first in - house research departments in the mutual fund industry in 1932, launching the first high -
yield municipal
bond fund and the first
global balanced fund, and more recently creating «outcome - oriented» products, such as its line of target - risk, target - date, and other asset allocation strategies.
As
yields go out, it lowers the collateral value of the
bonds and as we were saying earlier before we began the show, Richard, the
global swaps marketplace is
over $ 600 trillion and at least $ 400 trillion of that is in
bonds.
On that occasion Australian
bond yields rose significantly more than those in the US, reflecting market concerns that Australia would not be able to maintain control
over inflation in an environment of strong
global expansion.
Global bond yields also rose
over the February / March period but, like share markets, have since retreated.
Over the past few weeks,
global investor sentiment was hit by trade duty announcements and rising
bond yields in the US.
During the year, municipal
bonds enjoyed being one of the «risk off» asset classes and as low and negative
yields permeated the
global bond markets municipal
bonds became a source for incremental
yield over other options.
At the same time,
global economic expansion and monetary policy normalization point to a gradual rise in
bond yields over the next five years.
The majority of
global equity markets have posted negative returns,
bond yields are near record lows, the loonie has fallen to levels not seen in
over 11 years, and, to top it all off, there are some steep tax hikes on the immediate horizon.
And according to market analysts, the plunge in U.S.
bond yields, which dragged
global bond yields lower, was either due to intense
bond - buying because of the persistent jitters
over North Korea, or worries related to Hurricane Irma (likely both).