Bond Yields Will Probably Stay Low

The bond market continues to cause confusion for experts, writes a Charles Schwab strategist in a recent Barron’s article. Since the end of the recession in 2009, it argues, “consensus expectations have called for higher bond yields and the death of the 35-year bond bull market. Yet, 10-year Treasury yields are now nearly 200 basis […]

Grant Goes Heavy Metal

If you were to ask Jim Grant, the seasoned and sage founder of Grant’s Interest Rate Observer, where the markets are headed, you wouldn’t hear many minced words. During a recent Barron’s interview, the 70-year old Navy veteran said:  “We’re on the road to an important perception that central bankers don’t have the answers and […]