Daily Note – The Bond Conundrum

the bond conundrumSummary:

Why are bond yields going higher

The three main players.

United States: Initial claims at historic low levels

China: Is the housing market turning?



Good morning,

All good with you on this Friday? Last night I was talking to the international board of Visa. Its interesting that the credit card business is exploding worldwide, despite the fact that credit is still hard to get for big projects. Will this change? The bond market certainly thinks so!

Global bond yields have been materially higher in recent days with European bond yields leading the charge higher. But there has been no material pickup in growth, so what is going on?

Download a FULL PDF version of the Daily Note:

Global Macro-Daily Note 15th May 2015


The statements, opinions and analyses presented in the articles, newsletters, and other materials appearing on this website are provided as general information and for educational purposes. Opinions, estimates and probabilities expressed herein constitute the judgment of the author as of the date indicated and are subject to change without notice. Nothing contained in this website is intended to be, nor shall it be construed as, investment advice, nor is it to be relied upon in making any investment or other decision. Prior to making any investment decision, you are advised to consult with your broker, investment advisor or other appropriate tax or financial professional to determine the suitability of any investment. David McWilliams shall not be responsible or have any liability for investment decisions based upon, or the results obtained from, the information provided.

Categories: Daily Note