Junk finally cracks
Dividend unadjusted HYG broke down a few days ago and for months now we've been noting the breakdowns vs. Treasury and Investment Grade. But today divy adjusted HYG has slipped…
Dividend unadjusted HYG broke down a few days ago and for months now we've been noting the breakdowns vs. Treasury and Investment Grade. But today divy adjusted HYG has slipped…
No long-winded post about what I think it means. Just a picture of the 'inflation protected' US Treasury bond iShares (including dividends) hitting new highs. While the unprotected Treasury fund…
After yet another viewing of a widely followed Twitter muckraker calling out Jerome Powell with righteous sounding outrage and indignation (and getting the troops all riled up with likes and…
It's our old friend the 2 year yield and its relationship to the S&P 500. The last time we checked in with this chart we noted that there was not…
Surely you recall the hype, set on full blast Bond Armageddon mode to blow every last risk 'off' player out and into the various inflated asset trades. Well, the 30yr…
We know that the long bond's yield has closed a month above the EMA 100 for the first time in decades... There is a daily chart pattern targeting 3.5% (the…
The idea was that the Fed needs the market to crack because the Fed does not want to see bond yields get out of the barn and blow the whole…
Excerpted from the Market Internals segment of this week's Notes From the Rabbit Hole, NFTRH 522. The segment focused on the bond market and its macro signaling this week. There…
Stock market bulls are getting dope hammered and that may be just what the contrary bullish * Treasury bond market needs. Here we reside, above the Continuum's ™ limiter. Everybody…
Here is the thing everyone is talking about; a spike in long-term yields to the highest point yet. This chart - if you want to apply chart patterns to interest…
Why, it's the Pigs. Despite all the interest rate hype the Banks, which should benefit from a breakout in long-term yields, are still bearish. In a now public update yesterday…
Whether it's the interplay between 10yr and 2yr (i.e. the Yield Curve) or the state of nominal bonds/yields, they are central to everything, along with our old friend Uncle Buck.…
So Heisenberg notes... Bad News For That Massive Treasury Short As Goldman Slashes Bond Yield Forecasts Last Friday, when the latest CFTC data hit, Jeff Gundlach was pretty adamant about the…
With reference to the previous post, here is the chart I was originally looking for. Today IEF is making a move above the neckline. Why is this important? Well, it…