10-Year Treasuries Hit 15-Year High

by | Oct 24, 2022 | Blog, Bonds

Treasury yields are once again higher this morning with the 10-year Treasury hitting its highest yield in 15 years. It’s currently at 4.32% which matches yields last visited in 2007. The 10-year yield has risen since it hit an intra-day low on Monday, climbing to...

The Market in Pictures, October 21

by | Oct 21, 2022 | Blog, Charts

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and how they help fill the puzzle of evidence:   John Luke: “Unprecedented” has been the word of the year in markets, pushing for another here as we reach 12...

The Market in Pictures, October 14

by | Oct 14, 2022 | Blog, Charts

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and how they help fill the puzzle of evidence:   John Luke: Looking out at some possible ranges for CPI over the next 3-6 months   Data as of 10.12.2022  ...

September CPI … Another Hot One

by | Oct 13, 2022 | Blog, Bonds

Another hot print with Core CPI hitting a new cycle high of 6.6% y/y, numbers summarized here:   CPI m/m: +0.4% CPI y/y:   +8.2%   (vs +8.1% exp) Core m/m: +0.6% (vs +0.4% exp) Core y/y: +6.6% (vs +6.5% exp) (vs +0.2% exp)   On a positive note, even with the...

Interest Is The Barometer of Trust

by | Oct 12, 2022 | Blog, Bonds

I’ve been reading Edward Chancellors book The Price of Time over the last couple weeks. It’s a bit dense but found it thoroughly interesting and informative. Basically the entire book walks through the importance of interest and the role it has played in forming our...