indicators

Fed Funds Rate, CRB & 2yr yield; a macro picture

2-year Treasury yield indicates rising Fed Funds to come The link between commodities and Fed policy has been hit or miss (at best). However, when you add in the 2 year yield, AKA the short end of the bond market that is directing the Fed, you can see a better correlation to the Funds Rate. Indeed, in 2013 (which you will recall was the beginning … Continue reading Fed Funds Rate, CRB & 2yr yield; a macro picture

Fed Funds Views, w/ the Help of Yardeni.com

From the wonderful warehouse of economic and financial data known as Yardeini.com, here’s a snapshot of where things stand as the Fed gets in line with the rest of the globe and admits it’s a race to the bottom of the barrel. They are well on their way, where a bunch of NIRPs await to see who wins the bananas. That’s actually trick wording. It’s … Continue reading Fed Funds Views, w/ the Help of Yardeni.com

FOMC Week: Goodbye Janet, Any Last Minute Surprises?

According to the wiseguys speculating in Fed futures Janet Yellen’s last meeting is going to be a docile affair as she gently rides off into the sunset (and presumably, the lucrative lecture circuit). Interestingly, her last meeting is not followed by a press conference, so any jawboning to be done – if applicable – would have to be in the text of tomorrow’s statement. Even … Continue reading FOMC Week: Goodbye Janet, Any Last Minute Surprises?