Bonds Analysis & Opinion

Junk bond markets are in a veritable melt down as the carnage stretches to a third straight day of falls that included the collapse of at least three credit funds. However, many within the market are...

Near term U.S. 10-Year note yield outlook:More choppy trade from the Nov 9th high at 2.38% and is seen as an important topping. In the bigger picture, the upmove from the Jan low at 1.64% to the Jun...

The Fed's targeted inflation measure, the core PCE deflator, stood at 1.3%, well below the 2% target. They see the fresh sell-off in oil prices and are more concerned disinflation than inflation....

On December 16, 2008, in the closing act of a 30-year bull market in bonds, the Federal Reserve’s Open Market Committee (FOMC) did something without precedent. They cut their target for the...

With junk bonds finally reverting to their intrinsic value, the question on everyone’s mind is “what blows up next?” Here’s the first in what might be a long, painful...

It is no secret that US credit markets have been increasingly stressed lately. Junk bonds are tanking and junk’s ratios to the relative quality of Investment Grade and Treasury have as well. The...

Weekly Large Trader COT Report: 10 Year US Treasury Note CFTC Futures data shows speculators reduced long bets, raised short bets last week 10 Year Treasury Note Non-Commercial Positions: Large...

The case for raising interest rates is wobbly at best, but the Federal Reserve may start the squeezing process at its monetary policy meeting next week. Exhibit A for the hawkish view is the...

When most of us think about “the market,” stocks – Apple (O:AAPL), Microsoft (O:MSFT), Johnson & Johnson (N:JNJ), General Electric Company (N:GE) – are front of mind.This...

Whether the Fed raises rates in December or early in 2016, many market strategists believe higher interest rates will be a reality very soon. A few of our recent articles mentioned our belief that the...

If the junk bond bubble was this week’s most visible inducement toward illiquidity, there have been more than enough indications that might corroborate and explain. With a few more days trading,...

Weekly Large Trader COT Report: 10 Year US Treasury Note 10 Year Treasury Note Non-Commercial Positions: Large 10-year treasury note futures traders and speculators cut back on their overall bullish...

The 10-Year Killed Its Potential Price Channel Breakout to Complete a Megaphone Right Shoulder on its Inverse H&S Bottom. The 10-year has cancelled its potential price channel melt-up set-up to...

There isn’t much as far as confirmation, but it increasingly appears as if “something” just hit the triple hooks (CCC) in the junk bond bubble. At least as far as one view of it,...