#Treasury Supply

Over the weekend, we presented an analysis by Citi looking at how long after the yield curve inverts do investors have before they should start worrying. As Citi's Jeremy Hale noted, "sometimes inversion provides a timely signal for the economic cycle a la 2000, where Professor Curve predicted

Very quietly, in the last few weeks, cross currency basis swaps (CCBS) related to the dollar have reversed their rise and started moving deeper into negative territory… again. This might not be of much interest to buyers of global equity markets at this point, but it is signalling ominous signs of

One of the recurring laments about the Fed's hiking cycle, most recently from Goldman, is that despite 2 rate hikes so far this year, financial conditions remain the loosest they have been in over two years.Whether that is due to the market being so drunk on the Fed's "punch bowl" it is unable to

With first the Fed, and then the ECB and BOJ, all expected to start reducing their balance sheets over the next two years, a bevy of central bankers has been busy on the jawboning circuit, explaining why this would not have a major impact on either bond yields or stocks. They may be quite wrong,

EMOTION MOVING MARKETS NOW: 35/100 FEAR PREVIOUS CLOSE: 38/100 FEAR ONE WEEK AGO: 37/100 FEAR ONE MONTH AGO: 13/100 EXTREME FEAR ONE YEAR AGO: 2/100 EXTREME FEAR Put and Call Options: FEAR During the last five trading days, volume in put options has lagged volume in call options by 27.55% as