The Fed Funds rate has caught up to the 3 month T-bill yield, but the 2 year yield lurks above You can see that the Fed closed the gap as…
The screenshot is maybe being a little modest but really, there was not much to add as the markets are doing pretty much as expected with regard to sentiment and…
10-2yr Yield Curve steepening, but not due to inflation While the headlines continue to blare inflation 24/7, an indicator of the 2020-2021 inflation diverges the hysteria. Sure, the yield curve…
As they ready the FOMC minutes to be inflicted upon the markets... We note that anti-inflation Treasury bonds are still in bounce mode and hence, yields are still in pullback…
Bonds up today despite alarming inflation headlines The hysteria of the moment, served up as usual by the mainstream financial media off of backward looking data/results, has not resulted in…
A general update of a macro in transition Detailed work, which got us to this point intact, if a little frustrated*, is done in NFTRH reports and updates. But it's…
A few inflation unfriendly pictures while everyone huddles on that side of the boat I don't know. Maybe they've obsoleted contrarian theory. Cancel culture and all. But just in case…
In NFTRH 704 we reviewed the shortest end, where the 2 year Treasury yield is nearing its decision point, whereby a continued rise in yields would indicate a bear market…
It's a bear market in stocks. Captain Obvious speaks. But there are potentials within that. Potential for a dispiriting crash, potential for a confounding rally and potential for a moderate…
As long-term Treasury yields lead the inflation trades... Let's remember that the Yield Curve is once again steepening and a new steepener can be inflationary (likely von Mises crack-up style),…
Junk bond indications under rising pressure again When last we updated the High Yield spread it was easing in line with the market relief that came with a market bounce…
The long bond's yield pierces the limiters We have had this very event on radar since we began projecting it as the Fed was inflicting the inflation upon the financial…
Look into the eyes of the hawk. Think about how the hawk has dragged its talons all along the way to inflationary overload. Now the hawk speaks after the indicators…
Yield Curve inverts deeper than August, 2019 Like the larger media this tiny little spec within the media reports the news to you. The 10yr-2yr yield curve has inverted (ref.…