Bonds, USD, Euro

Treasury yields are rising with the spread between the 10's and 2's also rising.  That continues the recent short-term trend.  The longer this keeps up the closer we'd get to…

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Amazing Bond Picture

A geek looks upon the chart below in amazement as the daily patterns in 3 different items combine to send a message.  Now, what is that message?  Inflation expectations are…

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Yields/Bonds Today

Yesterday we illustrated why it was premature to get all hyped up on bond yields.  Today they are dutifully dropping.  Here is a look at some of the suspects. The…

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Bonds in Perspective

The world is getting hyped up about bond yields lately with bonds of all stripes declining, as if we are in the midst of a debt Armageddon (we are and…

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Bank Leadership @ Limit

The Banks (BKX) have been leading the broad US stock market (SPX) down into this bumpy ride as T bond yields tank ever further.  While the intermediate picture features varying…

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Junk’s Bearish Market Divergence Continues

Junk bonds have bounced with Santa (nominal HYG, top panel), but have remained locked in downtrend all through the bounce.  Further, Junk vs. Investment Grade and long-term Treasury are still…

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Bond Risk Profiles Flip Flop… Slightly

Yesterday we noted TLT (often risk OFF) was popping up from its flag.  Today that is reversed.  Today we see a massive risk 'ON' impulse throughout Wonderland, I mean the…

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