Bond

27 Mar 2014

You Can’t Time the Bond Market Either

A few days ago, I was listening to the podcast EconTalk (yes, that’s what I do in my ‘off’ time). The host, economist Russell Roberts interviews well known economists about a whole hos to economic subjects, from the broad theory to the day-to-day application. The episode that I was listening to (but haven’t yet finished), featured Gene Fama, the University of Chicago Booth School of Business professor who came up… Read More

By David Ott Tags: Bonds

25 Mar 2014

ALM Insights – March 2014

ALM Insights is focused on banks and other institutions that use their portfolio to manage risk on both sides of their balance sheet. It takes an in-depth look at securities investment strategies, balance sheet and asset/liability strategies, regulatory topics and general economic information. To view this issue, click the image below. In This Issue: The Plan to Wind Down Fannie and Freddie Economic Analysis – Fed Digests Mixed Data Bond… Read More

By Cliff Reynolds Tags: Asset Liability Management, Bonds, Credit Risk, Economy, Federal Reserve, Institutional Investors, Interest Rates, Portfolio Strategy

6 Feb 2014

Bonds & Bond Ratings

At the end of October, I wrote that investors could earn a tax-free nine percent yield on their fixed income portfolio buy purchasing bonds issued by Puerto Rico. In the article, I said that ‘markets caught on before the bond ratings agencies’ since prices had fallen dramatically while Moody’s had just cut their rating from Aa3 to A2, which is still five rungs above investment grade. A little more than… Read More

By David Ott Tags: Bonds

13 Jan 2014

Bond Yields – Spread ’em

Stocks were almost back to even for the year when investors pulled back yesterday beginning after the lunch hour. There was no obvious single driver sending prices lower, although it appears to have started in consumer discretionary stocks, where losses were the heaviest, down -1.94 percent on news from the retail sector about a slow Christmas. The nervousness among stock investors has sent bond prices higher with the yield on… Read More

By David Ott Tags: Bonds

17 Dec 2013

ALM Insights – December 2013

ALM Insights is focused on banks and other institutions that use their portfolio to manage risk on both sides of their balance sheet. It takes an in-depth look at securities investment strategies, balance sheet and asset/liability strategies, regulatory topics and general economic information. To view this issue, click the image below. In This Issue: 2013 Bond Performance Review Economic Analysis – Taper Time ALM Model Year End Checkup

By Cliff Reynolds Tags: Asset Liability Management, Bonds, Credit Risk, Economy, Federal Reserve, Inflation, Interest Rates, Portfolio Strategy

25 Sep 2013

ALM Insights – September 2013

ALM Insights is focused on banks and other institutions that use their portfolio to manage risk on both sides of their balance sheet. It takes an in-depth look at securities investment strategies, balance sheet and asset/liability strategies, regulatory topics and general economic information. To view this issue, click the image below. In This Issue: Liquidity as a Risk Factor Bond of the Day – Mortgage Backed Securities Economic Update –… Read More

By Cliff Reynolds Tags: Asset Liability Management, Bonds, Economy, Federal Reserve, Institutional Investors, Interest Rates, Portfolio Strategy

27 Jun 2013

ALM Insights – June 2013

ALM Insights is focused on banks and other institutions that use their portfolio to manage risk on both sides of their balance sheet. It takes an in-depth look at securities investment strategies, balance sheet and asset/liability strategies, regulatory topics and general economic information. To view this issue, click the image below. In This Issue: The Risk of Concentration Economic Update – We Want More, We Want More Unruly Interest Rates

By Cliff Reynolds Tags: Asset Liability Management, Bonds, Economy, Federal Reserve, Inflation, Interest Rates, International Investing, Portfolio Strategy

21 Mar 2013

ALM Insights – March 2013

ALM Insights is focused on banks and other institutions that use their portfolio to manage risk on both sides of their balance sheet. It takes an in-depth look at securities investment strategies, balance sheet and asset/liability strategies, regulatory topics and general economic information. To view this issue, click the image below. In This Issue: The Role of Portfolio Construction Bond of the Day – Credit Securities Economic Update – The… Read More

By Cliff Reynolds Tags: Asset Liability Management, Bonds, Economy, Federal Reserve, Inflation, Institutional Investors, Interest Rates, Portfolio Strategy

13 Dec 2012

ALM Insights – December 2012

ALM Insights is focused on banks and other institutions that use their portfolio to manage risk on both sides of their balance sheet. It takes an in-depth look at securities investment strategies, balance sheet and asset/liability strategies, regulatory topics and general economic information. To view this issue, click the image below. In This Issue: Value in Issuing Callable CDs Dodd Frank – Credit Guidelines Economic Update – Enough Already! Basel… Read More

By Cliff Reynolds Tags: Asset Liability Management, Bonds, Cash, Credit Risk, Economy, Federal Reserve, Inflation, Institutional Investors, Interest Rates, Portfolio Strategy

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