For the faithful readers, here is the catch you have been living with. “UOB Asset Management Ltd.’s Singapore dollar debt fund is beating most peers by buying perpetual bonds and investing 70 percent of its… Continue reading
There are very few avenues to buy bonds, it seems. Not unless you have a quarter million at hand that makes it easier for banks which does away with the need for a… Continue reading
Bonds in Our Lives Many of us do not realize that bonds are everywhere in our lives. Love it or hate it, our foray into the world of bonds begin with our bank… Continue reading
Bond Revolution In Singapore – Lesson 2 : Risky Business There is always risk abound and around us. For me, there is nothing more risky than buying strawberries because they are invariably sour over… Continue reading
I had always thought that if I could learn about bonds then anyone else could. I have a strong feeling that I am right and I am about to prove it. That is… Continue reading
Between Nov 2011 and Feb 2012 this year, 10Y yields traded in a 25 bp range, a very nice flat valley plain between the little hills sandwiching them. I am just starting to… Continue reading
“When you trade a system, you take emotions out of it.” “I don’t trade to get high so I don’t use it to feel horrible either. It is just a chore. It is… Continue reading
Long time readers know that Spain is a decoy, while Italy is too big to fail. As we quoted J Paul Getty: “If you owe the bank $100 that’s your problem. If you… Continue reading
NYTimes Business 3 Aug 2012 Bond traders, admittedly unsure at times, know their decisions can have an outsize affect on economic policy in Europe. http://www.nytimes.com/2012/08/04/business/bond-traders-deal-in-high-expectations-and-fear.html?partner=socialflow&smid=tw-nytimesbusiness In times of confusion, popular consensus wins. It… Continue reading
In the spirit of the Olympics, I feel the market should spur itself into some action. Everything has been so nicely channelling these days that people are just so fed up. 1-Aug-12 Zerohedge Jeremy… Continue reading