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…

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The Macro TIPS Toward Inflation Protection

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…

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Just Another Boring Post About the 2yr Yield

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…

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About That Bond Bear Market…

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…

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The Long Bond is a Little Wedgie

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…

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Treasury Bonds and the Fed

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…

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Bond Bears Next to Get Clobbered?

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…

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Look Who is Still Not Buying the Bond Bear

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…

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Sentiment Still Constructive for Bonds

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.…

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10yr Treasury Note Hilarity

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…

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