Jeffrey Gundlach recently doubled his investment in Puerto Rico's debt, but that's no reason for the average investor to jump in, a bond pro said.» Read More
The direction of bond yields will be the key factor for European stock markets next week, according to Bruno Verstraete, CEO of Nautilus Invest.
Inflation data will set the agenda today as traders await the release of the CPI. Stock markets around the world are higher.
Stock futures are higher today as investors await wholesale inflation data while keeping an eye on the bond market. Global stock markets rebounded after yesterday's turnaround on Wall Street and tamer bond markets.
Like a cyclone, the rate move in the global bond market is unsettling everything in its path and leaving a new high-tide mark for credit worldwide.
"Cash is king" in today's bond market -- if rates keep rising. That's the opinion shared by Joseph Balestrino, senior vice president and senior portfolio manager at Federated Investors, and Tony Crescenzi, chief bond market strategist at Miller Tabak. The bond mavens advised "Morning Call" viewers how to play the market.
In an interview with CNBC, former bond bull Gross said strong global growth will be a drag on long-term bond yields.
European stock markets look set to carry over negative sentiment from the previous week, as fears over rising borrowing costs erode confidence in the recent equity bull run, but investors are over reacting to the selloff in bonds, according to Stephen Pope, Head of Equity Research at Cantor Fitzgerald Europe.
Stocks futures are wrestling with another surge in bond yields this morning and for now have the upper hand as futures edge into the positive zone. Asian markets closed lower overnight and European stocks are weaker.
Are you thinking what I’m thinking? There are plenty of worried-looking people wandering around in trading rooms this morning.
Long-time bond bull Bill Gross, just a year after declaring the end of the bear market for U.S. Treasuries, Thursday conceded the snappy pace of global economic growth will likely keep bonds on their heels.
Stocks are struggling ahead of the opening as a selloff in the Treasury market pushed the yield on the 10-year above the key 5% level for the first time since last July. May sales results from chain stores are rolling in and merger activity continues to make headlines.
Rising rates trump all else this morning as Wall Street braces for a downhill slide on the opening. European markets are broadly lower, continuing their downtrend after the European Central Bank raised interest rates by a quarter point to 4%, as expected. Chinese stocks closed higher and Asia's other markets were mixed.
Junk-debt issuance is up 27% over 2006, and investment-grade credit slid 14%, according to Lehman Brothers. Is a junk-bond bubble in the making? Dan Fuss, vice chairman at Loomis Sayles, and Jack Malvey, chief global fixed income strategist at Lehman Brothers, agree that a cycle is indeed coming to an end -- the question is how big the decline will be. The strategists joined "Street Signs" to offer their views -- and to reassure viewers that the "crash" might not be as bad as some fear.
High-yield bond investor focus is often on emerging markets. But on “Street Signs,” Pioneer Investments’ Andy Feltus, portfolio manager of the $2 billion Pioneer Global High Yield Fund, told CNBC’s Erin Burnett that there is more value in the U.S.
Wow! Talk about a busy earnings season. I haven't had much time to breathe lately, which explains the lack of blogs these past several days. The financial flurry has been non-stop and right now is the first chance I've gotten to catch that long-lost breath. And it gives me an opportunity to focus on Microsoft, which reports after the bell today.The Street is looking for 46 cents on $13.89 billion in revenue.
The ISM index fell to 50.9 from 52.3 in February. How are bonds reacting to Monday's lukewarm ISM number? Kevin Ferry, chief market strategist at Cronus Futures Management joined Liz Claman on “Morning Call.”
Kevin Giddis, managing director of fixed income capital markets for Morgan Keegan, told CNBC’s “Power Lunch” that the Federal Reserve’s concentration on inflation is good news for bond investors.
Robert Kessler has some strong opinions about stocks and bonds -- and he's not shy about sharing them. The president of The Kessler Companies told CNBC's Erin Burnett that it's a "very exciting period" for Treasuries.
Where is the suddenly turbulent market going? The answer may be up for grabs, but one thing seems certain: all investors should factor in Friday's jobs report. Two strategists -- one equity, one bonds -- gave their views on "Power Lunch."
We could very well see a big publicly-traded subprime lender go bankrupt. That's what one of the biggest subprime investors in the U.S. told Erin Burnett on "Street Signs." "We had a lot of rumors going around about liquidations of CDOs and Wall Street banks pulling warehouse lines and potentially pulling lines for additional originators and what it led to was a drive...