Bonds Analysis & Opinion

The 10 year yield close at 2.55 trades directly below 2.58 and its next break point at the 10 year monthly average. What’s driving the 10 year yield is the rising and now skyrocket overbought 10...

I did not know what to write, but I knew I have to write. Yesterday in the account of December Governing Council meeting they noted that they are going to change their forward guidance. This signal...

It's earnings season on Wall Street and everyone is focused on the big banks.Wells Fargo (NYSE:WFC), Blackrock (NYSE:BLK), and JP Morgan Chase (NYSE:JPM) will all report their fourth-quarter earnings...

The amount of mistaken hype over the years on this subject has simply been staggering.Here are some Tweets from today. Historic Headline Not Mathematical Certainty The US runs a trade deficit. As...

The US Treasury market was consolidating Tuesday's 7.5 basis point jump in 10-year yields when Bloomberg's headline hit. The claim was that Chinese officials are "wary of Treasuries". Yields rose...

How many of you can remember when US Treasury Bonds were physical pieces of paper, with coupons attached to them? I do not mean the Series E savings bonds you may have received at your birth, but the...

US 10-year bond yields have moved through a number of key levels and are on the cusp of a major breakout. Regular readers know by now that I prefer to look at multiple indicators and charts to form a...

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...

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...

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...