ProfitScore Update – June 2024
To the clients and friends of ProfitScore: The Bond Bear Market Stocks can trend for years, but interest rates trend for decades. We are four years deep into a bond bear market, and this has caused many advisors to rethink their asset allocation strategy. For…
The Currently Odd Volatility of Long-term US Treasuries
The US sovereign bond market is traditionally viewed as a safe-haven by investors. When US equity markets are under stress, investors generally purchase US Treasury bonds, pushing yields lower and bonds higher. Traders seeking convexity prefer buying the long-end of the yield curve, which causes the…