by John Luke Tyner | Dec 21, 2022 | Blog, Bonds
Bank of Japan (BOJ) Finally Flinched BOJ made a decision to double the trading band of the 10-year Japanese government bond. We believe the move is justified. It may mark the start of a gradual shift away from the strict bond yield controls emblematic of...
by John Luke Tyner | Dec 8, 2022 | Blog, Bonds
Fed chair Powell (and many other FOMC members) have made it clear that as of today, the Fed intends to: Slow down the pace of hikes Reach a higher peak rate than it thought in September Stay at peak for longer than normal How long will policy remain...
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 Aptus PM Team | Aug 19, 2022 | 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 fill the puzzle of evidence: Derek: We’ve had quite a bounce in equities since mid-June, how does it compare to previous bear market rallies...
by John Luke Tyner | Aug 4, 2022 | Blog, Bonds
Another Sizable Hike The Fed raised its policy rate by 75 bps as expected, which according to Chairman Powell brings the Fed Funds target range back to “neutral”. Powell indicated decisions moving forward would be data dependent. Following the market responses...
