Bonds

  A lack of notable data releases allows EUR rates to look up again amid hawkish central bank talk. Banking…

  We’ve been here before. In the spring of 2023, the bond market rallied sharply, effectively forecasting a rate cut…

  The Federal Reserve has paused its interest rate hikes and inflation data seems to be leveling off. We’ll see.…

  Reference Inflationary Yield Curve Steepening? from January 11. In my opinion, after the secondary extreme inversion of the 10-2…

  US 5-year auction was rough, but Thursday’s core PCE should be tame – what then? Likely yields lower, but…

EUR curves bear flattened at the start of the week with the European Central Bank leaning against aggressive market pricing.…

  The US bond market has had a rough ride for much of the past two years, but the powerful…

  The past few years have seen interest rates soar. But perhaps it’s a case of too far, too fast.…

  Today’s update of the “fair-value” model for the US 10-year Treasury yield reaffirms that the benchmark rate appears unusually…

  Today’s “fair value” estimate of the US 10-year Treasury yield continues to suggest that the current market rate is…