Bonds Hitting A Wall

Bonds Hitting A Wall

The $AGG is fading this afternoon.  The Barclays Aggregate Bond Fund has been moving quite well since the early November lows.  At today’s early high the index was still working on its best rally of the year.  This impressive move lifted the $AGG within pennies...
Bonds On The Brink

Bonds On The Brink

The $AGG(Barclays Aggregate Bond Index)is trading just below very heavy supply this week.  On Nov. 1st the index ended a four week consolidation(bear flag)with a downside break.  They may very well be in the early stage of a new leg lower(higher rates).  A drop back...
The Impact of Higher Rates

The Impact of Higher Rates

Sales of new homes in the U.S. fell for the fourth month in a row in September. Just how high are mortgage rates?  At the start of October the 30 year rate reached its highest levels since 2011.  Certainly a headwind for home buyers.  Hat tip WSJ.com...