Ryan Swift

US Bond Strategy

The Labor Market Is cooling

November 21 2022

Nonfarm payrolls delivered yet another strong showing in October, rising by a robust +261k on the month. However, looking beyond the headline figure we are now finally starting to detect some signs of softness in the US labor market.

US Bond Strategy

Golden Rule of Bond Investing

July 24 2018

During the next 12 months, will the Federal Reserve move interest rates by more or less than what is currently priced into the market? Investors who can correctly answer that question will usually make the correct bond trade.

US Bond Strategy

Cleaning Up After the 100-Year Flood

June 10 2014

In formulating its exit strategy the Fed will finally be forced to grapple publicly with the aftereffects of its dramatic intervention in financial markets. In this Special Report we discuss how the Fed's balance sheet expansion has affected the conduct of monetary policy at an operational level.