If the investor owns a five-year Treasury note, for example, and the Fed lifts rates by a full percentage point, the bond will lose 4% of its value, while a 30-year Treasury will drop 12%.
Why the “Bond King” Has Never Been More Bearish - TheAt 57, he is the philosopher-king of bonds--combining big-picture wisdom with day-to-day performance.
The Bond King's Dire Warning? | Seeking AlphaFor the last three decades, U.S. bond prices have been in a.At the time, bond investing was no more complicated than buying a bond for its duration and literally mailing in the interest coupons that accompanied it.The 28% return of their fund, Pimco Emerging Markets, is attributable in part to a decision to short Argentina debt long before the current crisis.Like Lynch, he has become so closely identified with an organization that, to many, he is the organization.
The Bond King Says "Short U.S. Stock" | Financial Markets
The Crude Oil Trader: The Bond King Says "Short U.S. Stock"
Pension Pulse: The Bond King's Dire Warning?There are a nearly infinite number of variables driven by the human condition (Sept. 11 and Enron, to name two) that are impossible to quantify in a neat formula.
He proved that newfangled instruments like Treasury bond futures, mortgage-backed securities, TIPS, convertibles, and emerging-markets debt could actually be used to diversify a portfolio and thereby minimize risk.
Fidelity’s $100 Billion Bond King Banks on Trump ReflationFORTUNE may receive compensation for some links to products and services on this website.Kincade is the gamekeeper of Skyfall Lodge and the Bond family estate.
Bill Gross's Crazy 2014: The Bond King Is Dead, Long LiveThe philosopher-king will spend hours alone in his office, blinds shut, reading everything from analyst reports to Balzac.Overview: Bill Gross is probably the best-known bond fund manager in the world.Gross long ago laid down the law that the trading floor should be quiet.More than 1,000 people have been following the group since they teed off hours earlier.He appears in the 2012 James Bond film Skyfall and is portrayed by Albert Finney.
To pass the time during recovery, the mathematically inclined Gross started reading a book called Beat the Dealer that purported to have a new system for blackjack players.The bond market rallies, sending prices (including those of eurodollars) way up.They have crowded around a 100-foot cherrywood table to spar over how Pimco should play the conflicted economy.The Fed hardly ever raises rates that soon after a stimulus program, he points out.That routine starts promptly at 4:30 A.M., when the majority of big-brained, diurnal mammals are deep in slumber.
When the cut is announced, trading desks from London to New York explode with adrenaline.This is his gym which is directly across the street from his office.Burger King Reigns In High-Yield Bonds In Busiest Week In Six Months. The new Burger King bonds.Much of the excitement is tied to a statement indicating that the economy remains shaky.
Wisdom from the Bond King - US News Money
The World Is Not Enough (1999) is the nineteenth film in the James Bond series, and the third to star Pierce Brosnan as the fictional MI6 agent James Bond.Trade ideas, analysis and low risk set ups for commodities, crude oil, natural gas, gold, silver, coffee, the indexes, options and your retirement.He takes a moment to adjust the pair of dice on his desk, positioning them at the perfect roll of five and six.
Pension Pulse: Twilight of the Bond King?He works out every workday. 2006 Photograph by Robyn Twomey Sept. 11 was another pivot point.Anxious, caffeine-stoked salesmen call orders into the Chicago pits.If the outlook is for stable or lower rates, the exact opposite holds true.
In a glass-walled room with a perfect view of the Pacific Ocean, the highest-paid money manager in the world is.So for cautious investors, the safest strategy is to limit price volatility by owning bonds with a shorter duration.But bond king Jeff Gundlach thinks they do more harm than good and warns.And with rates going, if anything, lower, not higher, eurodollars--at 96.25--look like an all-out steal.