Yesterday Biiwii had a look at the 30's vs. 5's, which appear to be bottoming and not a pleasant picture for the stock market. But the most commonly viewed yield…
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…
I have a short position against the S&P 500 and despite Friday's EoD reversal and yesterday's down day, as noted to subscribers in an update, I don't feel very good…
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…
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…