CFA Institute Blogs
It only took a small backup in U.S. Treasury (UST) rates ― 10-year UST rates moved from 1.58% in early December to ~2.00% today ― for pundits to speculate on whether rates will drastically increase. Observant readers will have noted … Read more
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We are just one month into 2013, and investors have already seen the relentless run in high-yield (HY) bonds continue. Despite a backup in the last week of January, HY has notched a total return of 1.39% so far this … Read more
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Top posts from last month included articles on negative nominal yields, why managers “talk their book,” and lessons that prestige brands can teach private wealth managers. Read more
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How low can negative nominal yield debt securities go? The sky may be the limit, confined only by maturity. Read more
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