Bonds Analysis & Opinion

10-Year Note Non-Commercial Speculator Positions:Large bond speculators turned their net position bullish for the first time in over two years in the 10-Year Note futures markets this week, according...

If ever there was a case for a fixed-income allocation, 2020 has delivered the goods in no uncertain terms in 2020. As the coronavirus crisis derailed equity markets around the world, bonds –...

What a time to be alive! The stock market is booming, and many of our favorite income investments are ticking higher every day. Surely, they are reflecting the broader optimism that investors have...

Public health officials may have their worries about the risks still posed by the coronavirus pandemic, but bond investors are coming out of their lockdown in safe haven bonds—and they're ready...

The clues are starting pile up that the deepest phase of the economic loss for the US coronavirus recession has passed. There’s still a long way to go to climb out of the hole, but data...

10-Year Note Non-Commercial Speculator Positions: Large bond speculators increased their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of...

Back in June 2019 (exactly one year ago) – I published an article highlighting the increasing fragility in the corporate credit markets. To give you some context: I wrote about the towering wall...

10-Year Note Non-Commercial Speculator Positions:Large bond speculators cut back on their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of...

10-Year Note Non-Commercial Speculator Positions:Large bond speculators reduced their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders...

10-Year Note Non-Commercial Speculator Positions: Large bond speculators continued to increase their bearish net positions in the 10-Year Note futures markets this week, according to the latest...

The rallies have faded, but by holding on to monster gains posted earlier this year the long Treasuries segment remains far ahead of the rest of US bond market so far this year, based on a set of...

“Not for individual resale.”Ever see that label on a box of food, and scratch your head? Like who’s buying this big-mega bag of Chips Ahoy for the purpose of reselling the...

10-Year Note Non-Commercial Speculator Positions:Large bond speculators decreased their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of...

The Eurodollar charts are updated through Friday.  The Treasuries chart is monthly. The Treasuries chart suggests that the yield curve is functionally inverted.  (The 10-year yield needs to...