BCA Research's US Bond Strategy service continues to recommend a neutral allocation to TIPS for now, but with a bias to turn underweight. The team calculates a forecasted range for headline CPI inflation of 0.9% to 2.9%…
In this Insight, we review the performance and rationale for our current set of tactical fixed income trade recommendations. Our highest conviction positions also happen to be our most successful trades: positioning for a narrowing…
Our Portfolio Allocation Summary for November 2023.
The price of gold has rallied by 9.2% since October 5, reaching a 5-month high by Wednesday's close. Notably, this latest rally comes despite real bond yields having been trending higher for the past two weeks. Given that…
In this report, we present the quarterly review of the Global Fixed Income Strategy Model Bond Portfolio. The portfolio remains positioned for slower global growth momentum over the next 6-12 months, favoring government bonds over…
The sharp sell-off in long duration bonds (ticker TLT) has reached the collapsed 130-day complexity that implies a probable and playable rebound. More strategically, long-duration bonds yielding close to 5 percent are an excellent…
We present our Portfolio Allocation Summary for October 2023.
The implications of this morning’s CPI report for Fed policy, Treasuries and TIPS.
In this report, we review our European fixed income strategy recommendations ahead of tomorrow’s critical ECB meeting