Bonds Analysis & Comment

The last time you could lock in a real (inflation-adjusted) yield with inflation-adjusted Treasuries (TIPS), the world was still cleaning up the mess from the financial crisis. A lot has changed since...

Rising interest rates are beginning to spook investors. And rightfully so.It’s been the fastest rise in rates in decades. And just when we thought interest rates were easing, they pushed higher...

After the recent NCD IPO of Vivriti Capital Limited (which is currently open till 31 August 2023), another high-quality offering is just around the corner. This time it is from CreditAccess Grameen...

For much of the year, the bond market has been embracing expectations that the Federal Reserve’s interest rate increases have peaked or were about to peak. The underlying logic centered on the...

Investors looking to beef up their fixed-income portfolio might want to look at the new NCD (non-convertible debenture) issue by Vivriti Capital Limited. Talking about the company first, it is a...

The 10-year Treasury yield continues to trade at a level well above CapitalSpectator.com’s fair-value estimate, but the gap suggests that further increases in the benchmark rate are facing...

Global bonds rocked by Bank of Japan changes, Fitch downgrade, and Fed's outlook. Long-term bond market sees rare turbulence. Investors split: Buffett and Musk optimistic, Ackman bearish. A triple...

Interest rates continue climbing this year, but that hasn’t stopped bonds from rallying in 2023 when measured in total-return terms. The main exception is long-dated US Treasuries. Otherwise,...

Investors looking to diversify their portfolio and make it more stable by way of corporate bonds should have a look at the new NCD (non-convertible debentures) issue by Cholamandalam Investment and...

Power Finance Corporation Ltd (NS:PWFC), or simply PFC has come up with its capital raising plan via NCD (Non-convertible debentures). It is an RBI-registered non-deposit-taking NBFC (non-banking...

The future’s still uncertain, of course, and so all forecasts should be viewed cautiously. For perspective, let’s start with the one thing we know is true: We’re closer to the peak...

Our view of the attractiveness of bonds can be honed into an elevator pitch. It essentially boils down to a straightforward question – Is this time different?Have the forty-year pre-pandemic...

The 10-year Treasury yield looks elevated relative to CapitalSpectator.com’s fair-value modeling. But after yesterday’s news that US consumer inflation fell more than expected in June, the...

A new bond issue is currently open which could be a good opportunity for high-risk bond investors. Talking about the company first, Navi Finserv Limited (formerly, Chaitanya Rural Intermediation...