A Breakout Is Likely — but in Which Direction?

The technical signs suggest we’re at a crucial point for stocks: Either a decisive rise or a dramatic fall is coming. And if you’re the type to dismiss technical analysis as unscientific voodoo, you’re missing the point: It’s …

Uncle Sam Wants You. . .to Buy Treasury Bonds

The Treasury has to find buyers for trillions of dollars in new bonds needed to fund the federal deficit. It hopes average citizens will pony up and invest in some $337 billion worth. But for a host of reasons, “safe” T-bonds m…

Why Rising Interest Rates Won’t Break the Bull’s Run

The climbing yield on the 10-year Treasury note — now 3.70%, a nine-month high — can mean bad things for economic growth and stock prices. But not yet, if market guru Jeffrey Kleintop is right. He says the 10-year Treasury ne…

Social Insecurity: Inside the ‘Trust Fund’ Illusion

Washington has been borrowing Social Security’s surpluses for decades and issuing IOUs in return. However, the ability to pay those IOUs depends on the Treasury borrowing more money on global bond markets at affordable rates. T…

Forget Stocks. This Year, Bonds Have Had More Fun

It’s no secret that stock investors have suffered through roller-coaster volatility this year for little or no return, while bond investors have been having a ball. The longest-dated Treasury mutual funds have returned nearly 2…