by John Luke Tyner | Nov 21, 2024 | Blog, Bonds
The FOMC has eased 75 bps since September, but financial conditions have tightened about 25 bps since then due to the runup in real yields (the 10 year has backed up 80bps). Conditions are still “loose”, but not as loose as one might typically expect after 75 bps of...
by Aptus PM Team | Sep 27, 2024 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: Brett: The massive stimulus announcements out of China were the story of the week Data as of 09.26.2024...
by Aptus PM Team | Sep 20, 2024 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: Dave: The long pause is over, stocks enjoyed it Source: Strategas as of 09.16.2024 John Luke: the...
by John Luke Tyner | Aug 1, 2024 | Blog, Bonds
As expected, the Fed kept the funds rate range unchanged at 5.25% – 5.50%, and while the tone of the statement was less hawkish, it didn’t overtly hint that a rate cut in September was a certainty. They did make some substantive changes to the statement...
by John Luke Tyner | Jul 26, 2024 | Blog, Bonds
Real Rates… Was the Post-GFC Period the Anomaly? The current real rate (interest rate adjusted for inflation) sits around 2.93%, which is the highest level since 2007. However, the post-financial crisis real rate period, shown in red, was not a “normal” period....
