Archive for April, 2013

March 2013 – Monthly Commentary

April 17, 2013  |   Monthly Commentary   |     |   0 Comment

March 2013   For the month of March, the bond market was as volatile as the weather in the Northeast, with prices plunging with the falling late winter snow and rising into month end as the mercury began to rise. During the month, economic activity was decidedly upbeat, surprising investors who were prepared for a sequester-related slowdown.   The housing industry demonstrated strength with both existing and new home sales continuing to register impressive results.  The primary driver continued ...

Financial Times – 03-19-13

April 04, 2013  |   Financial Times,In the News   |     |   0 Comment

Michael Kastner, a principal at Halyard Asset Management, said US Treasury yields look vulnerable if economic data surprises positively. “Traders and real money investors are looking to lessen their interest rate sensitivity, and are looking at floating rate notes and short dated bonds,” he said. More bond investors bet on US rate rise