by John Luke Tyner | Mar 14, 2023 | Blog, Bonds
Consumer prices rose in February by the most in 5 months, although the move was roughly in line with expectations. Headline CPI number moved lower to 6.0% YoY as the February 0.4% print replaced last year’s 0.7% print. Source: Bianco. As of 3/14/23. Next...
by John Luke Tyner | Mar 13, 2023 | Blog, Bonds, Macro Updates
2 Years a Movin’ To give some perspective on the move in Fed Funds rate the last couple days, we have just witnessed one of the fastest/ largest slides since 1987. Source: Bloomberg. As of 3/13/23. The chart above shows Fed Funds curve last...
by John Luke Tyner | Mar 1, 2023 | Blog, Bonds
While bonds got off to a fast start this year, February’s returns were almost the mirror image from a total return standpoint. As the chart shows, Bloomberg’s Global Aggregate Index returned -3.32% last month. With data going back to March 1990, this ranks as the...
by Aptus PM Team | Feb 17, 2023 | 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: John Luke: It’s been awhile since 5% rates were an option for investors, things looked different back...
by John Luke Tyner | Feb 16, 2023 | Blog, Bonds
The blue line below is what the Fed is communicating per their DOT plot, on the terminal rate going to a range of 5.00% to 5.25%. The orange line is yesterday’s Fed Funds curve (following CPI). The market expectations for the Fed Funds rate is finally rising to the...
