BND tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year.
It's possible today was the day bonds finally reverse and start becoming attractive to investors again. This is a monthly chart with steep bullish divergence, so we're talking about a multi year (and possibly decades) of an uptrend from here. If you don't know how to read a ratio chart, it simply shows the amount of SPY etf it takes to make one BND etf. If it's in...
BND looks to have finished it's C wave and now getting ready to rally past most expectations. On the BND ETF, it should make new highs.
Strong weekly bullish divergence and A=C 1.272 which is a very common extension for C. For those looking for a fundamental reason for bonds to rally, I recommend David Rosenberg's excellent interview a few days ago on Wealthtrack...
Spy vs Bond ratio chart. An uptrend means that bonds are outperforming spy.
Monthly bull divergences, monthly PPO about to cross bullish, Slow Stochastic over 21 for the first time in 2 years. This is a generational opportunity for bonds. Chances are good that the economy tanks mid-year and Powell and the other geniuses at the FED rethink the rate hike strategy,...
With cpi inflation up at 6.2 % why should I be willing to hold a bond fun which as way above average prices and yielding between 2% and 4.4% for junk bonds? Shouldnt I be avoiding this reach for yield and get either more constative and look for future discount opportunities, or should buy a traditional portfolio and pray a sell off doesnt happen over next 5-10...
my work is applicable to all time scales. I prefer to stat with the entire data set and work down to the details. My intuition works best when I don't have skin in the trade.
The major fluctuations on the market have anachronistic traits seen in past and future.
BND total bond market.
The chart speaks for itself. I expect higher prices in the future meaning negatives yields...
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Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my...
In earlier published idea, I indicated that corporate spreads would widen and that indexes (and lower quality corporate bonds) heavily invested in corporate high-yield bonds would suffer. This has since occurred, and will continue.
With a yield-to-maturity of only 2%, how much lower can it go (or prices of bonds rise) given that the 'real' rate of return is now negative? Deteriorating global economic growth will soon cause spreads to widen (a good portion of these ETF bond funds are in higher yielding corporate bonds) which will hurt bond prices.
