NOMINAL US GDP HAS FRACTURED THE LONG TERM OVERHEAD BOND MARKET YIELD RESISTANCE ZONE — SOURCE: 09-22-18 Lance Roberts – “Bulls Charge To All-Time Highs 09-21-18”– …… we continue to use dips in bond prices to be buyers. This is because the biggest gains over the next 5-years will come from Treasury bonds versus stocks. This […]
HISTORICALLY US TREASURY RATES SHOULD BE MUCH HIGHER — TAKEN FROM: 09-21-18 Global Macro Monitor – “The Gathering Storm In The Treasury Market” — Why Haven’t U.S. Long-Term Interest Rates Spiked? Good question. Real long-term interest rates continue to hover around zero percent, which seems absurd to us, given nominal GDP growth is running at over […]
THE FED MAY BE FORCED TO OVER-TIGHTEN DUE TO AN END OF CYCLE “TIGHTENING TANTRUM” RED ANNOTATIONS BY MATASII.com – Chart Courtesy of ZeroHedge.com A Continuation Pattern Suggesting an Inverted Yield Curve in Q2 2019 — SOURCE: 09-19-18 – “Why The Long-End Is Coming Unglued” — With 30Y yields blowing out, the long end is “coming […]
INVESTORS TO BE FOCUSED ON THIS “DOT” DURING THE SEPTEMBER 26th FOMC ANNOUNCEMENT — SOURCE: 09-19-18 – “All Eyes Will Be On This Dot During Next Week’s FOMC Meeting” — With a 25bps rate hike during next Wednesday’s FOMC meeting virtually assured, trader attentions will be focused on something else entirely: the median 2019 dot, […]
THE RECESSION STARTED THE LAST TIME BONDS WERE THIS ATTRACTIVE VERSUS STOCKS — SOURCE: 09-18-18 – “The Last Time Bonds Were This Attractive Vs Stocks, The Recession Started” — The long-end of the Treasury yield curve is blowing out today: whether due to technicals, now that the 3% level has been breached, or amid expectations […]
LACY HUNT ON THE US TREASURY LONG BOND Expectations and Disappointments Coming out of 2017, expectations were widespread that a synchronized global expansion lay ahead for 2018. Forward momentum was thought to prevail in Europe, Japan and the emerging markets. A doubling of the growth rate in public and private debt in 2017 over the […]
LACY HUNT ON THE US TREASURY LONG BOND Expectations and Disappointments Coming out of 2017, expectations were widespread that a synchronized global expansion lay ahead for 2018. Forward momentum was thought to prevail in Europe, Japan and the emerging markets. A doubling of the growth rate in public and private debt in 2017 over the […]
BLOOMBERG: TRUMP TAX CUTS ARE WHY US BOND YIELDS AREN’T HIGHER The government’s fiscal policies amount to robbing Peter to pay Paul. — SOURCE: A. Gary Shilling, Bloomberg – “Tax Cuts Are Why U.S. Bond Yields Aren’t Higher” — The yield on the 10-year U.S. Treasury note yield has risen 49 basis points since the beginning […]
BLOOMBERG: TRUMP TAX CUTS ARE WHY US BOND YIELDS AREN’T HIGHER The government’s fiscal policies amount to robbing Peter to pay Paul. — SOURCE: A. Gary Shilling, Bloomberg – “Tax Cuts Are Why U.S. Bond Yields Aren’t Higher” — The yield on the 10-year U.S. Treasury note yield has risen 49 basis points since the beginning […]
FED FUND FUTURES DON’T BELIEVE WHAT THE FED IS CURRENTLY “SPINNING” The Fed Funds target rate according to the FOMC members’ median ‘Dot Plot” is UP. The Fed Funds Futures market says down! The markets don’t believe what the Fed is currently “spinning”!
