Sorry, you need to enable JavaScript to visit this website.
Skip to main content
Skip to main content

Inflation Protected

f_image_20240603_152145.PNG
Looking For Two Cuts This Year

Our Portfolio Allocation Summary for June 2024.

US Bond Strategy by Ryan Swift
Favor TIPS Over Gold As Inflation Hedge, But Underweight TIPS vs Nominal
The rally in gold continues and spot prices flirted with their all-time highs last week. Interestingly, these gains have occurred despite the rise in real yields, with which they are usually strongly inversely correlated. Physical demand for gold has…
Daily Insights
US Economic Surprise Index Points To Lower Bond Yields
The US Citi Economic Surprise Index has recently dipped below zero, indicating that US economic data releases have been disappointing expectations. Most notably, the ISM Services PMI started contracting in April against anticipation of a faster pace of…
Daily Insights
f_image_20240507_150626.PNG
Timing The Breakout In Bond Yields

Our Portfolio Allocation Summary for May 2024.

US Bond Strategy by Ryan Swift
The Fed Downplays Rate Hikes
The Fed left the policy rate unchanged following its May FOMC meeting. It also announced it would slow the pace of quantitative tightening starting on June 1, from the current $60 billion per month to $25 billion per month for Treasuries redemptions, while…
Daily Insights
JOLTS Data Shows Cooling Jobs Market
The details of the JOLTS report showed a labor market that continued to cool in March. The number of US job openings decreased to 8.488 million in March, from 8.813 million in February, and below expectations of 8.680 million. Workers seemed to be less…
Daily Insights
The Euro Inflation-Linked Golden-Rule
In its latest report, BCA Research’s Global Fixed Income Strategy service introduces the latest addition in its framework for investing in global inflation-linked bonds (ILB). To apply the Euro Inflation-Linked Golden Rule, investors should follow these…
Daily Insights
f_image_20240426_163324.PNG
The Golden Rule Of Investing In Euro Area Inflation-Linked Bonds

In this Special Report, we introduce our Euro Inflation-Linked Golden Rule – a framework to profitably trade and invest in Euro Area inflation-linked bonds versus nominals. The Rule is currently signaling that nominal government bonds should outperform inflation-linked bonds over the next year as disinflation in the Euro Area continues.

Global Fixed Income Strategy, European Investment Strategy by Robert Timper
f_image_20240412_200105.PNG
GFIS Model Bond Portfolio Q1/24 Review & Outlook: Growth Shock

In this report, we present our quarterly review of our Model Bond Portfolio. The anti-growth bias of the portfolio allocations hurt the portfolio performance in Q1/2024 as global growth surprised to the upside. However, we anticipate some recovery of the underperformance in our base case scenario for the next six months.

Global Fixed Income Strategy by Deborah Acri
f_image_20240410_142418.PNG
Hot CPI, But Maybe Also A Buying Opportunity In Bonds

Our reaction to this morning’s CPI report and bond market moves.

US Bond Strategy by Ryan Swift

Related Topics

Corporate Bonds Gov Agencies Gov Local Authorities Gov Sovereigns/Treasurys Investment Grade Munis/S&L tax exempt Securitized Products Yield Curve See more Topics