johnN placed this bond story article on Sept. 6
http://www.investors.com/etfs-and-funds/etfs/does-massive-inflow-into-bond-etfs-spell-bubble/>>>The writer only noted HYG. ???
Some of the folks playing with bond etf's .....
http://www.etf.com/sections/features-and-news/how-hedge-funds-use-etfs?nopaging=1http://www.businessinsider.com/hedge-funds-are-loading-up-on-these-17-etfs-2017-6>>>Obviously, large amounts of money that is not moved by the regular folks is floating around every day in bond etf's.
This link is a total return compare of the listed bond etf's looking back 2 years to date .....
http://stockcharts.com/freecharts/perf.php?AGG,LQD,HYG,EMB,IEF,EDV,ZROZ&n=504&O=011000And from the flashback machine.....
From MFO, December, 2013 regarding "coined" terms to use for the upcoming "bond market melt" and a few thoughts by others.
>>>I'm still waiting for signs of a major bond melt.
http://www.mutualfundobserver.com/discuss/discussion/comment/32688/#Comment_32688As to the world of bonds, my personal observations are that "this time is different" is still in place. Central bank policies reflect both old and new viewpoints of what to do, the boomers group is very large in developed countries and may have an effect on some bond holdings and that pension funds are not going to displace all bond holdings with something else.
Lastly, we all know that there are many forms of bonds. Investment grade corporate issuance, alone, will be near $1 trillion this year in the U.S. And what is a bond, eh? Tis credit, tis a loan; not unlike a line of credit or a home equity loan for the wee folks, yes? Some will fail and some will survive. And, if and when a "bond bubble" takes place; don't expect investors small and big to run and dump and place all of their monies into equities. There would be great pain all around.
--- The current 10 year yield is about 2.06% and the 30 year is about 2.68%. K. Probably forgot something I was thinking about earlier with this.....will add as needed.
Have to be on the road now.
Regards,
Catch
