I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
Read More »
The markets responded as expected to this week’s light Treasury supply, which included a hefty paydown on Thursday along with the usual dose of POMO. Stocks sold off Monday under the pressure of settling $72 billion in new notes and bonds, but then they recovered as POMO and $10 billion in Treasury paydowns put...
Read More »
May 14, 2011
Note from dshort: I've updated my Treasury yield charts through May 13th.
The behavior of yields during the past week reflected the overall uncertainty of the market — see especially the 3-year note. Tuesday's spike was the mo...
Read More »
6 month cycle indications continued to strengthen on Monday as short term cycles re-accelerated. A number of ETF charts have reached or are threatening key long term moving averages indicative of the state of the 4 year cycle. A minority have already broken above those levels. Now it’s a question of whether most of...
Read More »
$71 billion will buy a lot of paper, and there’s more to come, as the Fed has scheduled 2 more Treasury permanent purchases this week. That’s on top of $56 billion in Treasury paydowns that will settle this week, and billions more in MBS purchases that are scheduled for settlement over the remainder of...
Read More »
Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.
Recent Comments