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Tag Archives: 10-year Treasury note

Bonds Need a Break

The bond market has been hot as a pistol lately. Since peaking in late June, the yield on the benchmark 10-year Treasury note has plummeted almost 70 basis points, to 4.55% at last night’s close. Meanwhile, the share price of our highly leveraged zero coupon bond fund, American Century Target Maturities 2025, has surged 13%.

Bonds: Pause Ahead

August was a good month for stocks. But it was even better for Treasury bonds. A typical long-term T-bond returned a full percentage point more than the Standard & Poor’s 500 index in the month just ended.

Bond Signal Approaching

Anxiety is building in the bond market — a sure sign that a good buying opportunity isn’t far off.
Traders were greeted this morning with the unpleasant news that import prices shot up 2.3% in September. If that pace kept up for a whole year, we would be looking at a 30% inflation rate in foreign goods. Shivers!

BONDS: A BETTER DEAL

We probably haven’t seen the high in yields just yet. But values are improving in the bond market. Since late October, the yield on the benchmark 10-year Treasury note has bounced from under 4% to 4.34% this morning. That’s a smart 70 basis points above the low reached back in March.