If you’re a nerd, you find this amazing
2 year Treasury bond yield continues to diverge T-bills Well, this nerd is amazed by it (and several other out of whack macro indicators), at least. The 3 month T-bill…
2 year Treasury bond yield continues to diverge T-bills Well, this nerd is amazed by it (and several other out of whack macro indicators), at least. The 3 month T-bill…
The T-bill yield continues to ramp upward as inflation expectations pull back The 3 month T-bill yield (green) had been one of our guides demanding that the Fed get its…
3 month T-bill yield is demanding the Fed raise the Funds rate And the Fed is listening. [edit] After this post was published another Hawkish jawbone came in the form…
In the previous post we illustrated a measure of extreme stock market over valuation in comparing the dividend yield of the S&P 500 to that of the 10yr Treasury Note.…
Wow, what a stock! Okay, wait a minute; it's a cash equivalent in the form of very short-term Treasury Bills, and has only risen from 109.80 to 110.37. But it's…