Anytime during the trading day the last few weeks, when the 10-year Treasury yield moved to multi-year highs, the dollar…
Thinking about the Treasury yield curve the night before the May ’23 nonfarm payroll report, eventually the Treasury yield curve…
The above graph from the St. Louis Fed’s database shows the option-adjusted-spread (OAS) on the investment-grade or high-grade corporate bond…
Still a secular bull equity market: 2000 through 2002 was a pretty painful bear market for the SP 500, and…
Short post tonight, but it’s been one thought about for a few weeks. Municipal bonds have done well since the…