A hub for independent voices and hard truths
US 2s vs 30s gap widest since 2022. Yield curves keep steepening globally, particularly driven by 30-year yields. In the US, the gap between 2-year and 30-year bond yields has reached the widest since January 2022. pic.twitter.com/elg9pKFavG — Lisa Abramowicz …
Market runs on manufactured momentum and ticking clock… $VIX puts are being bought just before $SPY ramps like what's shown below to suppress vol further and cause an automatic rise in equity prices. This also happened yesterday and Monday. They …
“Is the market volatility set to surge in the coming months? Over the last 30 years, US yield curves have been a leading indicator for the volatility index, $VIX, with roughly a 36-month lag. The periods of flattening and inverted …
Mortgage rates are now officially TRIPLE where they were just 2 years ago. However, the median sales price of a home continues to rise. Affordability is so bad that not even investors can afford to buy. Follow us @KobeissiLetter for …
The bearish curve steepening we feared is fast becoming reality. The impact on risk assets occurs less through the textbook arbitrage channel and more via negative effect on collateral and hence on #liquidity @au_shareplicity @johnauthers https://t.co/VuMvsqnJQ4 — CrossBorder Capital/ GLIndexes …
by BoatSurfer600 As rates rise and the economy slows, banks tighten their credit lending standards out of fear of higher loan losses. If the credit to the economy dries up more than anticipated, then the slowdown might accelerate. A credit-starved …
by confoundedinterest17 The US economy was sitting high on the global mountain top before Covid. Then Covid struck, The Federal Reserve and Congress went wild with stimulus spending and inflation went wild. This is Biden Country, a feeble shell of this once …