The Macro View

The Case for Series I Treasury Bonds BEFORE the End of the Year

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It’s been a long time since Savings Bonds issued by the US Treasury, of any flavor, have been appealing.  However, a silver lining to the increased inflation we are currently experiencing is that savers can now take advantage of attractive Federal Series I Savings Bonds to earn more on idle cash sitting in deposit accounts.        Purchases of I Bonds are limited to $10,000 per calendar year,… Read more »


Fixed Income Market Summary – December 2018

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US Treasuries – Massive equity market volatility in December propelled treasuries to their best month of 2018 and pushed them into positive territory for the year. In December, the Federal Reserve hiked interest rates for the 4th time in 2018 and continued to maintain that the political and equity market drama would not deter them… Read more »


MacroView’s November 2018 Bond Market Summary

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  US Treasuries – The 10-year treasury reached its peak closing yield thus far in 2018 on November 8. However, ongoing equity market volatility driven by trade concerns, coupled with more dovish language from Fed Chair Jerome Powell reversed the upward trend in interest rates as the month drew to a close. The spread between… Read more »


Dividend Paying Stocks Have Appeal But Don’t View Them As Bonds

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  Conservative investors have historically invested in dividend-paying stocks to generate income and increase stability in their portfolios. The ability of these companies to pay a dividend is viewed as a sign of current financial strength and a forward-looking sign of positive expectations for growth and earnings, a perfectly reasonable assumption. However, many investors make… Read more »


Flattening Yield Curve – A Sign of Things to Come?

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  Lately, the topic at the forefront of headlines and discussions in the investment industry is the flattening US treasury yield curve. This phenomenon occurred as short-term interest rates, largely influenced by the Federal Reserve’s monetary policy tightening, have risen significantly. On the flipside, long-term interest rates, which are largely influenced by growth and inflation… Read more »