nominal yields

5 min read 2021-04-29 21:15:41

Enough Consolidation Already!

Stocks are readying another push higher, and not just on the heels of the still accomodative Fed. The Fed won‘t simply remove the punch bowl, let

8 min read 2021-04-07 05:32:13

The sound of economic sizzle finally within earshot, though perhaps nearly a year too late. PMI’s for the month of March 2021 were of the sort

5 min read 2021-02-18 08:07:29

The Aussies weren’t the first to drive into the YCC channel. That “honor” belonged instead where it always does: Japan. The Japanese had also

6 min read 2020-12-17 07:43:42

They really got carried away, though in the context of that time there seemed any number of legitimate reasons for this. Gold investors were bidding

3 min read 2020-12-09 07:21:16

What had given Inflation Hysteria #1 its real punch had been the benchmark 10-year Treasury note. Throughout 2017, despite the unemployment rate in

5 min read 2020-11-18 07:18:32

The Presidential election was supposed to have been a big one. Yields were low, or high, based on how whichever expert or financial media article was

5 min read 2020-11-11 07:45:57

What’s interesting about vaccine-phoria is that it’s largely been contained to just the one part of the bond market. Nominal Treasury yields at

5 min read 2020-04-21 06:31:48

It seemed like an odd, counterintuitive market reaction to what was total chaos. First the news of Lehman Brothers followed closely by AIG, panic

5 min read 2019-10-29 03:36:00

The idea of a midpoint can be misleading in that we might immediately think of one in terms of time. The middle being exactly in the middle, halfway