Tag Archive for Disaster

Treasury Roller Coaster Ahead of Summer Housing Disaster- Professional Edition

The Treasury market got the boost expected from the bill paydowns this week. The $24 billion net paydown figure included $17 billion in CMB expirations on Monday. That cash flowed into investors pockets and had nowhere to go. So they bid up everything. By Thursday, the effect of that had worn off in the Treasury…

Retail Bull

The Wall Street media was in a frenzy over the “better than expected” news on retailing from the Commerce Department on Friday. It’s all a matter of  perspective. Yes, the data was up strongly month to month, and yes, it was higher than last November when the economy seized up following the stock market panic,…