The yield on the 10-year Treasury note rose about 0.08% to close at 2.16% on Friday.The 30-year U.S. Treasury bond rose 0.07% and closed at 3.32%. The yield on the 10-year Treasury bond rose dramatically by 27% in last month alone. Bond yields and prices are inversely related to each other. Hence as yields rise …
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One of the traits common to most investors worldwide is the concept of “home bias” with respect to investments. Home bias simply means investors prefer to invest in their home countries than in foreign countries since they may be more familiar with the companies located in their countries than abroad. However following this strategy may …
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Frontier markets which includes countries such as Pakistan, Nigeria, Kenya etc. are outperforming emerging markets so far this year according to a report in FT beyondbrics blog quoting Citi research. The chart below shows how many frontier countries are beating emerging countries: Click to enlarge: Source: Frontier markets: handle with care, FT beyondbrics From the …
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The U.S. equity market is one of the best performing market among developed countries so far this year. For example, the S&P 500 is up by 14.35% on price return basis and 15.37% on total return basis year-to-date. Financials have skyrocketed with the sector in the index up by over 20%. Healthcare and Consumer Discretionary …
One of the defining characteristics of Capitalism is competition. Indeed competition in capitalist countries such as the U.S. is so fierce that thousands of companies go out of business every year since they can’t compete effectively.However it should be noted that “real” competition does not exist in all industries with some dominated by oligopolies or …
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