Famous Last Words
Barron’s notes that while Bernanke did not utter those four special words, the meaning of his speech this past Monday essentially...
10 Year Yield Makes a Run for 5%
Barron’s Michael Kahn makes the case that the line in the sand for equities is the 10 Year Bond’s Yield is at 5%; Breaking...
New Homes Sales: 4th Drop in 6 months
No surprise here: "New-home sales fell for the fourth time in six months during January, while inventories climbed to another...
Further Yield Curve Inversion “a Given”
Or so says the Treasurys team at Jefferies & Co. in New York. I cannot say I disagree. The 10-year Treasury is looking to trade...
In Long-Term American Treasury Securities They Trust
What does it mean when so many overseas investors — governmental, corporate, and institutional — are hungry for US paper?...
The Risk to Equities from Rising Rates
If risk-free returns on CDs have been returning performance equivalent to risk-laden returns on S&P500, the question some investors...
Chart of the Week: 10 year Treasury 1974-2006
Greenspan garners all the credit for the low interest rates of the past 20 years. We believe the chart below proves otherwise. The Oil...
Inversion Redux
When the yield curve inverted late last year, some commentors claimed that the media made too big a deal of the 2 year bond yield...
Bill Gross Bond Timing Tool
In his January commentary, uber-bond manager Bill Gross shows a favorite chart he uses as a bond market timing tool: This series of...
Read it here first: The World Isn’t Flat, but Its...
Earlier this week, we brought to your attention "A World of (mostly) Flattening Yield Curves." In the Sunday NYTimes today, Dan...