by John Luke Tyner | Nov 22, 2022 | Blog, Bonds
Where Does the Terminal Rate Need to Go? Source: Bloomberg. As of 11/18/22. It’s pretty clear the pace of rate hikes will slow down soon, although we believe we are far from returning to the easy money policy experienced the last 10+ years. Given the...
by David Wagner | Mar 31, 2022 | Blog, Macro Updates
This Aptus Musing will piggy-back John Luke’s take on the yield curve inversion. As we all know, it’s one thing to know what is going on in the market, but another to know how to position off of it. Given that every situation tends to be slightly different, the...
by John Luke Tyner | Mar 29, 2022 | Blog, Bonds, Macro Updates
The spread between the 10-year Treasury and the 2-year Treasury has compressed materially over the first three months of 2022 (~80bps of tightening), and inverted yesterday for a brief moment. The 10/2 spread is currently sitting at 5bps this morning vs. 80bps on...
