Tagged: yields

Why not sell German bonds? 0

Why not sell German bonds?

The German 30 year bond is yielding 2.8%: bloomberg.com The US 30 year bond is yielding the same: Yahoo Finance There is no margin of safety in Germany debt against the strong likelihood that...

Earnings check: quietly revising down 4

Earnings check: quietly revising down

Here’s a snapshot from the latest S&P 500 earnings file (paste the following link into your browser or google “S&P 500 earnings” for the whole Excel file: www2.standardandpoors.com/spf/xls/index/SP500EPSEST.XLS): . . . . . ....

A toppy-looking week 10

A toppy-looking week

Well, the reflation trade has managed to hold on for a few more days and even reached new heights, but the case for a pullback is looking that much better. Precious metals, non-dollar and...

The Jaws of Death 0

The Jaws of Death

Today’s word to the wise comes from John Hussman’s weekly market comment: Years ago, Larry Williams used to look for a situation he called the “Jaws of Death” – noting that when bond prices...

Bullish on the biggest deadbeat’s debt 0

Bullish on the biggest deadbeat’s debt

I have come around 180 degrees from last summer, and I’m bullish on long bonds now. The trend is clear over the past 12 months. The yields are moving with stocks.  The old correlation...