Bonds Analysis & Opinion

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...

Summary The Federal Reserve argues that the labor market is at/near full employment and that prices are at/near its preferred 2% level. It states - in no uncertain terms - that it will continue to...

With all the mass hysteria in the business media about the incredibly flattening yield curve, one would think that the consequences of a flat curve would be devastating. History has shown than when...

Have interest rates increased over the past couple of years? Yes. Have interest rates broken above long-term falling channels? No. Interest rates (2, 5, 10 & 30-Year yields) are all testing...

In professional baseball, there is a performance standard called the Mendoza Line, a term coined in 1979 and named after Mario Mendoza, a player that struggled to hit consistently throughout his...

The June payroll report last week showed that average hourly earnings rose just +0.19% versus the +0.3% expected, yet the 10-year Treasury yield couldn’t generate any upside volume on the...

10-Year Note Non-Commercial Speculator Positions: Large bond market speculators very sharply boosted their bearish net positions in the US 10 Year T-Note Futures markets last week, according to the...

Price has a way of being drawn to significant support and resistance areas. What happens once it gets there often provides useful and important information about what comes next. So keep a close eye...

According to numerous articles written in the last six months, a flattening yield curve nearing the zero boundary is a major red flag for stocks and the economy.10-year Yield Vs. 2-Year Treasury...

Recently the ECB announced that they consider buying more long-term bonds from next year as part of the QE reinvestment. This will more likely end-up with bullish flattening in the 10-30 year zone....

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...

The second quarter of 2018 saw a continuation of themes apparent in the first quarter. In June the Federal Reserve continued raising rates to a federal funds rate target that now stands at...

Due to the Fed raising interest rates, the short-end of the curve is moving higher at an accelerated rate. The long-end of the curve is moving higher, but at a slower pace. The yield curve is...

The tax-free bond market has continued to benefit from the drop in supply so far in 2018. To recap, the end of 2017 saw a bulge in supply as issuers tried to beat the tax-cut bill that Congress was...