The Unrelenting, Unforgiving, Treasury Trade

“Sometimes it is good to have reminders of the mistakes you’ve made.” Brian Bosworth, “The Boz”, ESPN’s 30-for-30 —————————————————————————————— If there is one trade that I haven’t done a good job for clients with off the ’09 low, it has … Continued

Are Treasuries Poised for a Breakdown ?

After last Wednesday’s Federal Reserve (FOMC) announcement, the aspect that most impressed me about Janet Yellen’s comments was how “dovish” her commentary was, revising down GDP estimates, making moderate comments about inflation and growth, and in general sounding quite “bond … Continued