Bonds Analysis & Opinion

The Treasury market’s 10-year estimate of future inflation rose above the Federal Reserve’s 2% target this week – the first time that level has been breached for this maturity since...

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...

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...

I came across a number of pieces lately from people voicing their concerns over the prospects for junk bonds. And there may be something to their concerns. Still, history appears to suggest that 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...