Vanguard Total Bond Market Index Fund Etf Shares ETF News

A humble but resolute figure, Chinedu Kemas rise to partner at Dentons ACAS-Law has been meteoric. Those who work with him will have no qualms lauding him as one of the brilliant minds poised to take centre stage among the next generation of Nigerian legal luminaries. As part of the drive to inspire young lawyers, LEGAL BUSINESS Chuba Agbu, sat down to discuss his journey so far, the support he received along the way and his modus operandi in achieving this. Can you briefly reflect on your journey and your arrival at this point? My journey in the legal profession started at Tayo Oyetibo LP as a junior associate tagged as puisne associates. I can vividly remember my first interaction with Tayo Oyetibo SAN as a new wig. I felt like I was in the presence of royalty I wanted to do and say the right things and I am sure that I ended up doing and saying all the wrong things. I always tell people that my time at Tayo Oyetibo LP shaped my mindset. The lesson was simple: in whatever you do, always strive for excellence.

The bonds have taken their biggest hit since 2020 over the past week after a sudden pivot from the European Central Bank toward tighter policy reanimated worries about the regions economic health.

The Bank of Japan offered to buy an unlimited amount of bonds at a fixed rate, pushing back against weeks of trader speculation about policy normalization.

The BOJ looks to be drawing a line here and if anything, it shows that some central banks are starting to feel rather uneasy about the recent surge in global bond yields. 10-year JGB yields have gone up to near 0.24% already, closing in on the implicit target set by the BOJ at 0.25% - hence, the dec

Bonds in India gained and the rupee fell after the central bank held back on a widely expected hike in a key rate, continuing with its benign policy stance amid a hawkish turn by most global central banks.

Reserve Bank of India Governor Shaktikanta Das on Thursday said that inclusion of a countrys debt in global indices works both ways attracting greater overseas investment while posing the risk of sudden outflows.Das, who was speaking at a press conference after the RBIs monetary policy statement, said that one of the biggest positives of Indias public debt profile was that it was majorly denominated in the domestic currency.Issuing debt in foreign currencies or listing of bonds in international indices, while attracting greater flows, could expose the country to a greater degree of exchange rate risk and potentially lead to volatility in the rupee if external conditions were to turn adverse.The Indian government has never issued bonds denominated in foreign currencies although steps in that direction have been considered over the past few years.The Budget in 2018 had spoken of floating a sovereign dollar bond, but the proposal was put on the back-burner after meeting with widespread criticism from several quarters, including former RBI Governor Raghuram Rajan.

Its behavior is supposed to warn about inflation but the function was smothered by a decade of QE bond buying

We are in a longer term downtrend as far as the bond yields go. Yes, the excesses are getting corrected and ultimately it is growth investing which may have had a bit of difficult months but in the long term, that is the way wealth is going to get created, says Atul Suri.

The RBI''s dovish stance has also provided comfort to the unnerved bond and equity markets.

India''s government had planned to auction 220 billion worth of bonds on Feb. 11.

Is Disinflation A Bigger Threat Than Inflation? Authored by Lance Roberts via RealInvestmentAdvice.com, Disinflation, and ultimately deflation, is a more significant threat than inflation over the next two years. However, in the short term, the spike in inflationary measures is dominating headlines, pushing the Fed to act and squeezing consumers. At more than 7% annualized, such is the highest inflationary rate seen since the 1980s. However, if the prices of goods and services remain over the next year, the disinflation will push CPI to zero. More importantly, we already see the month-over-month inflation rates declining towards more normal levels seen since 2009. Given the correlation between interest rates, inflation, and economic growth, there are several reasons to expect disinflation in the months ahead. The first is that the composite economic index (Wages, GDP, and Rates) peaked in Q3 of 2021. Artificial Inflation Is Unsustainable Another issue with the persistent inflation theory is the artificial nature of the inflationary surge.

Stocks and bonds sold off in January as markets repriced for a more aggressive pace of central bank tightening and increased pressures on the global earnings recovery. Read here for more…

European Bonds Are Blowing Up As Peripheral Europe Runs "Panic-Pain" Playbook While last week finally saw the stock panic migrate to US corporate bonds resulting in the first cracks in the previously calm facade credit ... in Europe, a much more dangerous tidal wave is spreading from risk to peripheral spreads which are always far more susceptible to panic, and then pain. Today is no different. As Bloomberg''s Michael Read writes, Italian bonds are markedly wider to core this morning with the short end lagging on what is roughly 8bps of widening so far. Then you look at Greece... ouch. So far its worth 20bps of widening to core at the 10y point, and its a pretty fluid (but probably not very liquid) situation. Why the collapse? We know several things for sure: peripheral Europe has benefited greatly from ECB emergency measures, and will continue to hurt as long as market is factoring in a faster removal of said measures as the ECB suggested last week and as various trail balloons after the central bank presser confirmed.

Last week two-year German yields rose at a pace not seen in years, corporate spreads widened and rates volatility received a kickstart. Now peripheral yields are screaming higher. In effect financial conditions have tightened, contrary to the European Central Banks avowed intentions.

The global bond rout extended Monday, stoked by expectations for aggressive interest-rate hikes around the globe.