Bonds Analysis & Opinion

The G3 central banks are in flux. The Federal Reserve is gradually raising rates and allowing the balance sheet to shrink by not fully reinvesting the maturing proceeds. The ECB will purchase half as...

Global growth and US growth were solid last year, so the Federal Reserve continued to slowly drain liquidity from the system. The world’s most influential central bank raised official interest...

The market is now officially in the largest bubble relative to the economy in history.Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization...

There is a huge shock in store for those who have been lulled to sleep by a stock market that has become accustomed to no volatility and only an upward direction. And that alarm bell can be found in...

10-Year Note Non-Commercial Speculator Positions: Large Treasury Note speculators cut back on their bearish net positions in the US 10 Year T-Note Futures markets this week, according to the latest...

Credit Markets Snippet from January 4, Pivotal Events As widely reviewed, the Treasury yield curve has been flattening, which is positive for the general stock market. Within this, the T-Bill rate has...

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

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...

Perhaps the single biggest development this year, as far as the markets were concerned, was the Fed admitting on the record that it has no idea what is going on with inflation.This represents a kind...

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...