Treasury
Are You Aware of This “Liquidity Shock”?
TreasuryWhat’s gone up like this market has, on fuel of little lasting substance, will surely come down with enough weight to squash the stupidity that floated it. Read More
Tale of the 10-Year U.S. Treasury Yield
TreasuryThe yield on the 10-year U.S. Treasury note is back above 2.00% at this hour, having surged above that level during the trading session after Independence Day. Even at a 2. Read More
All Burst, No Follow Through
TreasuryThe bulls sure broke with abandon this morning… But they were all petered out by noon. Maybe it’s inflation. Read More
Oh, It’s Probably Nothing…
TreasurySo it must seem today, as the yield on the 10-year U.S. Treasury note eases back to 3.13% from as high as 3.25% a couple weeks ago... Folks, this is not about “good” or “bad. Read More
After Kavanaugh
TreasuryImagine the Donald… but “emboldened.” That’s a prospect a JPMorgan “cross-asset strategist” posed a couple weeks ago amid “U.S. economic and equity market resilience despite tariffs.” Well, the benchmark 10-year U.S. Read More
The Selling Never Stopped…
Treasury
When winter first begins to bite and stones crack in the frosty night, when pools are black and trees are bare, ’tis evil in the Wild to fare. – J.R.R. Read More
A Midsummer Night’s ‘Mare
FinanceTo sleep – perchance to dream: ay, there’s the rub… – William Shakespeare, Hamlet (circa. 1599 – 1602) Let’s just concede “It’s absurd. Read More