10-Year Dips Under 2%, 2-Year Rallies on Yellen

Posted by Mark Pettinga

By Randall Forsyth

Treasuries are higher in price following Federal Reserve Chair Janet Yellen’s Congressional testimony confirming no rise in short-term rates in the near term, sending yields down through key levels.

In particular, the benchmark 10-year note yield slipped under the 2% mark, if … Read More »


The Bull Returns, and Stocks Hit New Highs

Posted by Mark Pettinga

The broad market soared to all-time highs last week, surfing 2% higher on a wave of reassuring—if short term—developments. Small-caps made a comeback, outperforming megacaps, which some take as supportive of a more sustained resurgence after the year’s so-far desultory move.


Deflation: Why Europe’s Problem Is Everyone’s Problem

Posted by Mark Pettinga

Deflationary forces have been kicking up turbulence in Europe, prodding eurozone leaders to finally embrace quantitative easing (QE) as a way to drive economic growth. The facts became undeniably clear when December reports showed that the eurozone dipped to a -0.2% inflation rate year-to-year. For … Read More »


Bonds Win, Stocks Lose in a Split Month By Randall W. Forsyth, Barron’s 1/31/2015.

Posted by Mark Pettinga

For the month just ended, the financial markets might be regarded as two-faced. Stocks suffered their second straight monthly decline, while government bonds soared as their yields fell to record lows.

U.S. equity investors are down some $1.1 trillion since the market’s peak on Dec. … Read More »