The January employment report came out today.  Given the headline number one would have expected the bond market to rally.  Instead we saw bond yields continue to rise.  Admittedly the report was a hodgepodge of mixed messages, however after taking into account the effects of weather it seems like the jobs market is still improving, albeit gradually.  Maybe the bond market is paying more attention to future gauges of inflation which are perking up.  The big question is whether this represents a big trend change in the bond market.  In today’s screencast we look at the state of the bond market.

Items mentioned in the above screencast:

A gradually improving US labor market.  (Gavyn Davies)

ECRI inflation gauge jumps.  (Bond Buyer)

Is the 30-year bond market rally over?  (MarketBeat)

The bond market is getting restless. (Calafia Beach Pundit)

Daily price chart of the iShares Barclays 20+ Year Treasury Bond ETF (TLT).  (Finviz)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.