Bond Investors Are Making One Big Mistake Right Now by Contributor • May 7, 2015 • 1 Comment My guess is investors will soon regret that decision.
But Don’t Cry for the Bond Market Gamblers by David Stockman • May 6, 2015 • 1 Comment Never before has an agency of a state anywhere in the world pleasured speculators with such stupendous windfalls.
“Smart Money” Prepares to Profit from Bond Market Rout by Wolf Richter • May 6, 2015 • 14 Comments Bonds with long maturities are sitting ducks – and thus ideal.
This Is What’s Happening in Junk Bonds, and It’s Not Pretty by Wolf Richter • Apr 23, 2015 • 3 Comments Junk bonds in “extreme overvaluation,” covenant quality drops to record low, old money getting whacked as new money pours in.
Central Bank Governor Veers Off Script, Sees “Illusion of Liquidity” & “Asset Bubbles,” Dreads Crash by Wolf Richter • Apr 22, 2015 • 9 Comments And he offers an insanely good chart of the Hot Money.
The World’s Financial System Is Going Nuts by David Stockman • Apr 21, 2015 • 7 Comments Central banks have succeeded in generating a planet-wide mania.
Strange Things Are Happening in European Bond Markets by Contributor • Apr 19, 2015 • 11 Comments I can’t even begin to think of all the unintended consequences this will bring about.
How Wall Street Is Exporting Toxic Junk Loan Waste To Japan by Wolf Richter • Apr 17, 2015 • 13 Comments US junk goes in. Plump, yen-denominated, highly rated bonds come out.
Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009 by Wolf Richter • Apr 16, 2015 • 20 Comments Statistical fluke? Hardly.
Fed’s Dudley Warns about Wave of Municipal Bankruptcies by Wolf Richter • Apr 14, 2015 • 17 Comments Risks “more widespread” than implied by bond ratings. Bondholders and public employees beware. The Fed is doing workshops on municipal bankruptcies now.
