In the previous post we noted how the 10 year vs. 2 year spread closed yesterday (among other things). Today that spread is rising with all nominal yields rising as…
There is so much data flying around out there. From the Credit data we reviewed yesterday to weakening manufacturing and exports to employment up nicely one month and down big…
'Close to the vest' (AKA not leaning too far one way or another, AKA cash) remains the play until the FOMC meeting and its aftermath are cleared. This is because…
Employment for February is +295,000 and unemployment is down to 5.5%. The US dollar rocketed upward and more importantly, so too did short-term interest rates (esp. in relation to long-term…
330 does some opinion making on gold sector perceptions and then buttons down to some interesting market analysis covering the usual suspects; US and global stock markets, commodities, precious metals,…
How to promo... how to promo? NFTRH 329 took a hard look at the realities of what happened last week and despite an end of week reversal (below SPX key…
The 10→5→2 spread is settling down again today, with all yields down. There is little sign of systemic stress today by this measure, although a more risk 'ON' look would…
One thing I like about volatility; it is predictable when it becomes a cycle. That's not to say this volatile up and down phase will last. Indeed, it won't. It…
Yields down, curve up. The mini-trend (and risk 'OFF') continues. 30 vs. 5 for your real-time reference... This financial market disturbance is now looking pretty Octobery. That one drew out…
The 10 to 5 to 2 year spread is indicative of market upset, obviously. Here is the up to the minute view of 30 year vs. 5 year yields, with…
Once again, yields down, curve up. Risk obviously... 'OFF'. Bigger picture, it's in a down trend until it isn't. Here's the weekly view at yesterday's close.
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…