#Fixed income analysis

Remember the post-tax-reform, pre-Christmas spike in yields and the yield curve? Yeah, that's all over now!!!! Treasury yields are down 4 days in a row with a major collapse occurring today as the long-end plunges over 8bps - the most in 3 months. The 2s30s yield curve is down over 8bps - the

"This is possibly the most important chart in the world..." As 13D Global Strategy and Research noted: A breach of the top-line of the channel could signal a major reversal in the multi-decade downtrend in UST bond yields." So the question is - is an event engineered to slam rates lower, in

This was not teh Santa Claus rally that everyone was promised... http://www.youtube.com/watch?v=cpybGF13A7c   All thanks to 'rotten' Apple... as analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday

On the heels of near-record long speculative positioning, the long-end of the US Treasury yield curve continues to carnage, with yields at their highest since November's FOMC levels. The yield curve is steepening drastically - up 16bps in 3 days (the biggest percentage surge since Dec 2008).  

Sometimes better not to play at all... http://www.youtube.com/watch?v=NHWjlCaIrQo   Bonds & Stocks both slammed lower today - the worst combined day since 11/9/16...   Trannies ended the day higher but the rest of the major US equity indices "sold the news"...Small Caps worst...