2-Year Treasury Yields are testing the point of their post-Brexit breakdown; re-taking that level may actually give rates some upward momentum. Quick quiz: where did…
Tagged $TLT
“Rising” Rates Hit New Lows
Despite ubiquitous calls and expectations for rising interest rates, yields on the long bond closed the week at a 52-week low. It was probably over…
Is This Chart Pattern Doubly Bullish For Muni Bonds?
A typically bullish chart formation may be present on multiple time frames on a popular municipal bond ETF. As we are primarily equity managers, today’s…
It’s Groundhog Day Again For The Rising Rates Crowd
Yet another attempt at rising interest rates has spectacularly fizzled out. Well, once again the critter popped its head above the surface before promptly returning…
Is Flattening Yield Curve Signaling Recession?
The yield curve just dropped to 8-year lows; but it isn’t necessarily flagging a recession, yet. With the carnage in the equity and commodity markets,…
10-Year Yield Running Into Key Resistance
Last Friday, we posted a piece on the “breakout” in the 2-Year Treasury Yield. In light of the much stronger than expected jobs numbers, rates…
Another Rising Rates Set-Up?
2-Year Treasury Yields rose to a 5 ½-year high today…but we’ve seen these “break-outs” many times the past few years. In light of the much stronger…
Another Rising Rates Tale Knocked Down
2-Year Yields see historic drop as Tuesday’s “breakout” once again proved to be a set-up. “Then again, don’t be surprised if the nice-looking chart set-up is…
Something’s Askew In This Market
CBOE’s Skew Index, a measure of “tail risk” is at an extreme – unusual given current circumstances. One definition of skew is distortion. In a…
Is Market Setting Stage For Rate Hike?…Or Just Setting Us Up?
Was today’s breakout in 2-Year Yields for real?…or another fakeout? Of all the interesting story lines stemming from today’s market action, perhaps the most noteworthy…