Bonds Analysis & Opinion

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

10yr Treasury yields on the rise, attempting a breakout into the 2,50%-2,60% territory.Original Post

The Fed is worried about low inflation. They should look at home prices, equities, junk bonds, and leveraged loans. 2017 was a banner year for debt. Spreads continue to collapse and the ease at which...

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

Supposedly, the old-school Sicilian Mafia have a saying, “the snake lays coiled in Napoli” which supposedly means that in older Italy, when the Mafioso ran the country and the Mafia power...

Official inflation rates for the US are still low, but the Treasury market is expecting firmer pricing pressure in 2018.The implied inflation rate based on the yield spread for the nominal 10-year...

In only a few days Santa will make his way around the world and into billions of homes where he will leave presents for good little boys and girls. This is a festive time of year. Parties, lights...

The bond market is talking, but no one is listening.As I explain in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, the yield on the 10-Year U.S. Treasury bond is the...

By Pinchas CohenWhile retail traders may be aware of yesterday’s equity selloff, the real story is bonds which occupy the focus of institutional players. The normal market structure pits stocks...

A couple of things are happening in the bond space right now. Last week we got the flash PMIs for the major DM economies and on all fronts they were strong—all improved, and the composite flash...

US Treasuries are seeing action we have not seen for a while: Strong sharp steepening of the yield curve. The yield curve is said to steepen when the spreads between short-term and long-term rates...

The most recent tax-reform agreement between the US House of Representatives and US Senate is less hurtful to municipal bonds than initially expected. Here are some points.Private Activity Bonds...

10-Year Note Non-Commercial Speculator Positions: Large Treasury speculators increased their bullish net positions in the US 10-year Note futures markets this week following a sharp decline the...

The central bank is not the root cause of the boom-bust cycle. The root cause is fractional reserve banking (the ability of banks to create money and credit out of nothing). The central bank’s...