Source: Pixabay The 10-year Treasury yield—the bellwether for global yields—is up 45% from its July 2016 lows. While US debt looks relatively enticing, the recent upswing in inflation is squeezing real returns. The consumer price index rose 2.2% (YoY) and […]
A few days after declaring its earnings, Apple raised $10 billion in debt. Similar to the bond sales done in the past, this will also be carried out in various tranches with maturities of up to 30 years. The bonds […]
It is somewhat hard to believe but oil prices are up nearly 90% over the past year. The past two times oil prices have increased this much year-over-year, US 10-year bonds rallied quite significantly. In 2008, oil was up over […]
What a quandary we’re in. Stocks have reached stupid valuations. It’s like Wall Street has, en masse, joined the ghost of Jim Jones down in Guyana for the Jonestown Kool-Aid Reunion — and that’s gonna end badly for anyone who […]
Please login – Not subscribed? Get our adfree exclusive content for only a few dollars a month.
Commercial traders are net long more bond contracts than at any point since 1992 other than in the spring/summer of 2005 according to the latest data from the Commodity Futures Trading Commission. They were a bit early in 2005 but ultimately 10-year […]