Bonds Analysis & Opinion

The Trump administration unveiled their tax plan yesterday, with details to follow. It will take a while to work the plan through Congress but this is our quick take on how the plan affects municipal...

The support and resistance levels and the trends (or lack thereof) that a trader sees on a chart can vary greatly depending on the time period covered in the chart. In other words, a 1-minute bar...

The yield on the 10-yr. US Treasury note gained 0.22% last week closing at 22.37 but 14-day RSI remains below its own 20-dma; bearish. The break of support at 23.35 (now resistance) has opened a door...

10 Year Treasury Note Non-Commercial Positions: Large speculators continued to cut back on their bearish net positions in the 10-year treasury note futures markets last week, according to the latest...

Note: We've updated this commentary with data through today's market close. Let's take a closer look at recent activity in US Treasuries. The yield on the 10-year note ended the day at 2.21% and the...

Doug Kass wrote a very interesting piece this week on the bond market: As overvalued as I believe the U.S. stock market may be, fixed-income instruments may be even more overvalued. Yesterday the...

Let's have a look at a long-term perspective on Treasury yields as of Friday's close. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and...

When I was a kid we had to go to an arcade, where they had many pleasure machines, to play a game called pinball. It is a novelty now at places where my kids go to birthday parties and in the age of...

From Bill Hall: If you are a regular reader of my Money and Markets columns, you know that I’m a big believer in three things. One, Occam’s Razor, which is a principle that was introduced...

10-Year Treasury Note Non-Commercial Positions: Large speculators slightly added to their bearish net positions in the 10-year treasury note futures markets last week for the first time in six weeks,...

We consider 10-year yields as a leading indicator for both stock markets and bond markets because it is a risk indicator. That indicator is now on the verge of a tactical breakdown, and, hence, a...

Please note that the title includes the word “Simple” but does NOT include the words “Best”, “Infallible”, “World”, “Beater”, nor...

Look, we are all wrong sometimes. That's because the markets are this way one day, that way the next and then something else the day after that. That is why we need bigger picture plans. I for...

As can be seen from the following long-term view of 10- and 30-year bonds (monthly charts), each is facing an imminent decision...whether to break fairly substantial major support at their current...