The curve is rising again, with nominal maturities dropping. A risk 'OFF' alignment and if this keeps up and one day becomes a trend, it'll be pleasurable for gold. Indeed,…
The 10→5→2 yield spread is up big today with all durations dropping. Not a risk 'ON' alignment at all. For perspective, here is what the 30 vs. the 5 year…
The 10 to 5 to 2 spread is rising today with all nominal items dropping. It's a risk 'OFF' alignment. Again, any one day is just one day. The trend…
Pardon the previous edition of this post. I imagined that the curve was rising, but it is in fact dropping a bit today as the market flies around post-ISM. As…
The beaten to a pulp yield curve has been quietly rising the last few days. Here is today's view of a gentle rise as nominal yields on all durations decline. …
All durations are up in yield with the curve dropping hard. This implies risk is 'ON' beneath the market's jittery psyche.* But it's just one day's alignment. It's also bearish…
Okay, everybody to the other side of the boat! Risk goes off today in the casino as all durations drop and the curve rises. Thank you Doctor Bernankestein for the…
Risk goes flying to 'OFF' as the consumer is happy, small business optimism is the highest its been in 7 years and it all good! Really, 'as good as it…
Here is the state of the US Yield Curve during a pre-open with deflation in the air and global markets upset. The curve is rising this morning as yields drop. …
Today the 10, 5 & 2 is dropping again as yields on the long end decline and the short end rises. Below is the state of the 10 vs. 2…
As surmised in the subscriber update posted just after the 'Jobs' report, jitters about interest rate hikes are bubbling to the surface in the T bond market. This may also…
The status for today's 'in a vacuum' view is that risk is still 'ON' with yields rising (bonds dropping) and short-term yields rising more, meaning players are not seeking out…
The 10-5-2 spread is rising with nominal yields reversing to up. A little risk off'y to go with junk bonds, which are quite risk off'y. For reference, here is the…
It's in a risk 'OFF' alignment with all durations dropping but the curve rising. Meanwhile, here's the chart of the 30 vs. the 5 year spread. Obviously risk is…