Sentences with phrase «term federal bond»

He compared the Mackenzie fund's performance to a blended benchmark consisting of two indexes of federal government bonds: 60 % DEX Mid Term Federal Bond and 40 % DEX Short Term Federal Bond.

The Short term Federal Bond Index (ETF) was devised to imitate the...

The other provinces would have access to Canada Pension Plan surpluses, in proportion to the contributions made by their residents, through the sale of provincial bonds and provincially guaranteed securities on 20 year terms at the long - term federal bond rate.

Not exact matches

That data raised a fresh round of questions about how the Federal Reserve will proceed on further cutting back on its massive monthly bond purchases, which have kept long - term rates low and encouraged a strong rally on equity markets.

Wall Street has found a semblance of stability after a roller - coaster week, but some investors are convinced the rockiness in stocks and bonds isn't quite over for one main reason: The markets have yet to fully come to terms with how aggressively the Federal Reserve may respond to surprising economic strength.

And with a strong - enough economy spurring the Federal Reserve to raise short - term interest rates, bond investors may need to reduce expectations.

That market participants have finally come to terms with the Federal Reserve's normalization plans is just one of the reasons short - term bonds are finally looking attractive again after years in the doldrums, as we explain in our new Fixed income strategy A mighty (tail) wind.

Residential real estate had taken on a healthy pace in late 2012 and early 2013 but has slowed since the Federal Reserve started talking about reducing its monthly bond purchase, which helps keep long - term interest rates low.

Long - term yields for Treasury bonds began to rise in early May, following comments from numerous Federal Reserve officials indicating that the Fed's massive bond - buying program would begin to slow if the economy continued to improve.

A CORE HOLDING FOR ANY PORTFOLIO This Fund seeks high current income and some long - term capital appreciation by investing primarily in Canadian federal and provincial government and corporate bonds, debentures and short - term notes.

«The bond market represents more of an evolving risk given the likely onset of Federal Reserve rate hikes near - term, which in turn will lead to speculation as to when the rest of the world will follow,» said Gayle.

The idea that real interest rates — that is, adjusted for inflation — will be lower than they have been historically is reflected in the pronouncements of policymakers such as Federal Reserve chair Janet Yellen, the medium - term forecasts of official agencies such as the Congressional Budget Office and the International Monetary Fund and the pricing of government bonds whose payments are tied to inflation.

Interest rates have continued to be pushed lower and lower and lower and most of this is because the Fed keeps on adjusting that federal fund's rate and adjusting interest rates down in the way that they do that is by putting cash into the market and buying back bonds or short - term bonds with the federal fund's rate.

In the past, many economists and analysts predicted a sharper rise in long - term interest rates, as the Federal Reserve began to scale back its bond - buying stimulus program.

Long - term rates have risen since Chairman Ben Bernanke said in June that the Federal Reserve could begin trimming its bond purchases later this year if the overall economy and the job market kept improving.

Former Fed Governor Stein highlighted that Federal Reserve's monetary policy transmission mechanism works through the «recruitment channel,» in such way that investors are «enlisted» to achieve central bank objectives by taking higher credit risks, or to rebalance portfolio by buying longer - term bonds (thus taking on higher duration risk) to seek higher yield when faced with diminished returns from safe assets.

It will buy $ 600 billion worth of US long - term bonds in the open market, close to 7 % of all Treasury securities in public hands, or about the amount the debt that the federal government will issue over that time period.

The yields on these extremely short - term vehicles just about disappeared as the Federal Reserve's program of bond - buying, known as Quantitative Easing, and other aggressive monetary policy measures drove down rates.

The biggest focus here was on short - term securities, which tend to be less vulnerable to U.S. Federal Reserve's rate hikes than longer - term bonds are.

Given these forces, along with more structural considerations ---- aging populations, institutional demand for bonds and a dearth of supply ---- I expect that long - term yields will remain low even as the Federal Reserve (Fed) starts to raise rates.

I realize that if the private sector credit creation mechanism is not functioning properly, QE purchases can overwhelm the expected supply response, but it is a mistake to assume that since the Federal Reserve is buying bonds then longer - term yields must be artificially suppressed.

The Federal Reserve rapidly raised rates (gold) from 2004 to 2006 to try to push up long - term bond yields (10 year Treasury yields) and cool the housing market

And that dire prediction came before many of the big banks had started incrementally increasing rates on their fixed - term mortgages in the wake of market reaction to U.S. Federal Reserve Chairman Ben Bernanke's recent warning that $ 85 billion (U.S.) in monthly bond buying may be coming to an end this year.

Uncertainty over the direction the Federal Reserve might take on interest rates is also influencing investors to add to their short - term municipal bond exposure.

They also interpreted statements from the US Federal Reserve around that time as indicating that the Fed was increasingly concerned about the possibility of deflation in the US economy and that it might buy long - term bonds to add to monetary stimulus.

Using quarterly S&P Composite Index level, index earnings, long - term government bond yield and inflation data during 1871 through 2016, along with contemporaneous income tax rates and Federal Reserve monetary actions, they find that:

Commodity ETNs are generally taxed much like stock and bond ETNs, with the 23.8 % federal rate applying to long - term gains and the ordinary federal rate of up to 43.4 % applying to short - term gains.

Moreover, 7.2 per cent growth, which is the other way to look at not taking early benefits, plus indexation, is hard to achieve on a long term basis in income stocks or with federal government bonds with no risk of default.

Treasury 30 - year bonds advanced after biggest quarterly rally since the depths of the financial crisis in 2008 as the Federal Reserve prepared to buy longer - term debt under the program known as Operation Twist.

Even in a world where short - term interest rates will continue to rise as the Federal Reserve raises policy interest rates (most likely 2 — 3 times next year) and where long - term rates should rise slowly as the Fed lets its balance sheet shrink, tax - free yields should either stay the same or move down as the municipal bond world confronts a market with much less issuance.

Banking and Monetary Statistics 1914 - 1941 (1,400 +) Data on the nominal term structure model from Kim and Wright (6 +) Historical Federal Reserve Data NBER Macrohistory Database (2,000 +) Penn World Table 7.1 (4,400 +) Penn World Table 9.0 (3,800 +) Recession Probabilities Weekly U.S. and State Bond Prices, 1855 - 1865 Economic Policy Uncertainty Sticky Wages and Comovement (3 +) A Millennium of Macroeconomic Data for the UK (9 +)

These include limiting the number of junk bonds that can be acquired by federal - and state - insured institutions, and specifying to company directors and officers that achieving the best short - term investment returns is not their main fiduciary responsibility.

Little did anyone know that what Peter Obi called cash - in - hand were basically investment in stocks, bonds and other non-performing equities arranged by Obi in his final days in office; long - term uncompleted assets that will not earn cash until they are completed; various sums spent in rehabilitating federal roads in the State for which re-imbursements may come in the distant future; computation of the State's share of the Excess Crude Account contributed as capital to the Nigerian Sovereign Wealth Fund in 2010, etc..

It's injected into the bond market when the Federal Reserve purchases mortgage - backed securities and long - term Treasury securities from other financial institutions.

Parts of the 80 - page federal complaint unsealed yesterday read like a James Bond novel — with code names («Herb» for Percoco, «Dr. K» for Kaloyeros) and code words («ziti» — a term allegedly caged from the hit HBO show «The Sporano» for the bribes Percoco took).

«I am not saying this money should be given to states but be in form of bond depending on how Federal Government wants to design it because it is understood that if such huge money which may run into N2 to N3trillion get into states, it may cause inflation but to avoid such, a flexible term and measure will be applied by the Federal Government.

(13) PROJECT OBLIGATION. - The term «project obligation» means any note, bond, debenture, or other debt obligation issued by an obligor in connection with the financing of a project, other than a Federal credit instrument.»

The term project obligation means any note, bond, debenture, or other debt obligation issued by an obligor in connection with the financing of a project, other than a Federal credit instrument.

The average 30 - year fixed - rate mortgage stood at 4.5 % last week, up from 3.6 % last May, when interest rates shot up in reaction to the Federal Reserve's initial indication that it might reduce a bond - buying campaign that was, in part, designed to keep a lid on long - term rates like mortgages.

In the past, many economists and analysts predicted a sharper rise in long - term interest rates, as the Federal Reserve began to scale back its bond - buying stimulus program.

In fact, our chief economist, Jonathan Smoke, has observed that mortgage rates have more to do with trends in long - term bonds than with the federal funds rate.

A federal government bond might be described as having a face value (or par value) of $ 10,000, a coupon of 3 % and a term to maturity of five years.

The Federal Reserve is gradually raising short - term interest rates and paring back its bond investments.

If we assume that a competitive federal interest rate will be 1.5 % plus inflation and a term of 30 years for bonds, we can calculate the amount of the annual payments that our taxpayers will be saddled with for 30 years.

That market participants have finally come to terms with the Federal Reserve's normalization plans is just one of the reasons short - term bonds are finally looking attractive again after years in the doldrums, as we explain in our new Fixed income strategy A mighty (tail) wind.

You can get long - term government bonds through the BMO Long Federal Bond (ZFL) and gold with the iShares Gold Trust (IGT).

Given these forces, along with more structural considerations ---- aging populations, institutional demand for bonds and a dearth of supply ---- I expect that long - term yields will remain low even as the Federal Reserve (Fed) starts to raise rates.

Tight Money: When the Federal Reserve decides not to accumulate Treasury bonds as quickly, the result is a slowing of the growth in bank reserves, and generally an increase in the Federal Funds rate and short term lending rates.

The targets for the federal funds rate affect short - term interest rates, but the mortgage market is influenced far more by long - term bond rates.

Federal Reserve policy has a significant impact directly on short - term interest rates and indirectly on longer term interest rates, which in turn affect bond prices.