Archive for March, 2015

Financial Times – 3/11/15

March 19, 2015  |   Financial Times,In the News   |     |   0 Comment

“The bond market still thinks the Fed is bluffing,’’ said Michael Kastner, managing principal at Halyard Asset Management. Inflation expectations set to ease Fed fears

February 2015 Monthly Commentary

March 16, 2015  |   Monthly Commentary   |     |   0 Comment

February 2015 In a polar opposite of the scorching rally witnessed in January, 30-year bond yields soared last month, rising 50 basis points in the first three weeks before settling 43 bps higher. The change in the bullish tone of the market was entirely attributable to the employment report. Naysayers had been ignoring the robust job growth and instead focused on subdued wage gains and the low participation rate, characterizing job growth as lacking in quality. That ...