If things hold up in the stock market on Thursday and Friday, 6 month cycle indicators could make it back to the buy side with…
Massive indirect bids at this week’s Treasury auction suggest that the Treasury buying panic is continuing at the short end. It also suggests that foreign…
The Fed and Treasury are inundating the market with cash this week. The total of Treasury paydowns and Fed purchases is $71 billion so far…
The Treasury will pound the market with approximately $73 billion in new supply next week in 7 issues, including the usual short term bills, a…
There are a couple of assumptions floating around in certain quarters that I’d like to disabuse. One is that based on its recent statements and…
Thursday’s Treasury auctions again showed minor cracks in the façade with a weak indirect bid on the 30 year bond and a smaller indirect bid…