The US bond market is closed today, but that didn’t stop investors from dumping sovereign debt around the globe. Russia, Ukraine, Romania (former Soviet block countries) saw a 20 basis point jump in sovereign bond yields. Peripheral nations like Portugal, Spain and Ireland saw 10 basis point jumps. In the Pacific, Indonesia saw a 44 […]
The US Treasury 10Y-2Y yield curve slope rose to 123 basis points.
According to the Bureau of Labor Statistics, Private Sector Establishment “Births” plunged in Q1
The US has not seen inflation in excess of 2% since September 2008 (with the exception of Q1 2012).
The 10 year US Treasury auction yesterday produced a new low. The bid-to-cover ratio for the 10 year Treasury
Yesterday saw US Treasury 10 year yields rising around 20 basis points and the 10Y-2Y yield curve spiking to 116 basis points.
While this is the afternoon after (not the morning after) … Trump won the US Presidential election, the pre-election fears of huge stock market losses proved false.
The US Treasury 10Y-2Y yield curve slope jumped to 111 basis points the morning after the Presidential election.
Is it a Re-remic? Is it a CDO? It’s two securitization ideas in one! Call it a Certs deal.
The Federal Reserve’s Labor Market Conditions Index fell another -2.2% MoM in October.