10-year Treasury yield rises due to stronger economic data, causing significant headwind for equities. De-risking signals across leading industries and sectors. August 14, 2023 11:48 am
Below are the groups/companies that paid Janet Yellen over $7m in speaking fees before her time at the Treasury. Notice anything peculiar? August 11, 2023 9:32 am
Recent intra-day reversals are due to institutional dumping of tech stocks, selling to retails. The weak 30 year treasury auction + Fed’s BTFP emergency lending window at a new all time high = We are in the final countdown. August 10, 2023 8:50 pm
Revere Repo Alert! Reverse repo counterparties list updated: Farm Credit Bank of Texas, Credit Suisse AG, New York Branch, and Schwab US Treasury Money Fund have been added to the list of reverse repo counterparties, effective August 8, 2023 August 8, 2023 3:32 pm
“Pain Trade” Points To A Steeper US Yield Curve As Fed Remittances To US Treasury Soar (The Cost Of Bidenomics’s BIG Policies) August 7, 2023 2:56 pm
Peter Schiff: 30-year Treasury yield rises, inflation expectations unanchored; Fed must act. August 3, 2023 10:01 pm
Treasury Alert! $1.859 trillion is what Treasury expects to borrow the rest of the year. For the 3rd quarter, Treasury expects to borrow $1.007 trillion in privately-held net marketable debt. For the 4th quarter Treasury expects to borrow $852 billion in privately-held net marketable debt. July 31, 2023 9:16 pm
The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks. July 31, 2023 2:51 pm
Six banks submitted 170 suspicious activity reports to Treasury Department, alleging Biden family involvement in money laundering, human trafficking, and tax fraud. July 27, 2023 7:19 pm
Bidenomics? Since January 2021, Regular Gasoline Prices Up 57% Under Biden, CRB Foodstuffs Up 55% As Strategic Petroleum Reserves DOWN -46% (10Y-2Y Treasury Curve Inverts To -102.45) July 24, 2023 10:09 am
Bidenomics, Born Under A Bad Sign! US Treasury Yield Curve (10Y-2Y) Inverts To Under -100 BPS Again (Nickel UP 1.78%, Dogecoin UP 5.58%) July 21, 2023 3:48 pm
USD closes lowest weekly candle since April 2022, Fed’s influence less significant.US 3-month Treasury 18-month Foward suggests soft landing unlikely. July 18, 2023 1:39 pm
Pentagon and Treasury struggle to track $2.3 billion military spending and $5 trillion pandemic spending. July 17, 2023 9:47 am
US Treasury 10Y-2Y Yield Curve Stumbles To -91.166 BPS As 30Y Mortgage Rates Climb To 7.37% (30Y Mortgage Rate UP 156% Under Bidenomics) Since November 3, 2022, US Dollar Index DOWN -9.68%, Gold UP 18.55%, Bitcoin UP 51.11%! July 11, 2023 4:09 pm
Printin’ The Night Away! US Treasury Yield Curve (10Y-2Y) Still Inverted, But Less So At -86.616 Basis Points (Return Of Liquidity) July 10, 2023 4:01 pm
Fed’s cumulative losses exceed Treasury remittances, totaling -76.292 billion July 8, 2023 11:06 pmJuly 7, 2023 2:45 pm
Treasury yield hits 16-year high due to ADP job data. Over 75% of homes unaffordable for middle-income buyers. July 7, 2023 6:12 pmJuly 6, 2023 3:36 pm
This research paper from Kansas City Fed is causing the huge sell-off in Treasury bonds. July 6, 2023 3:30 pm
Biden Meal! Treasury Bill Barrage Is Just a Prelude to Longer-Term Debt Deluge (Ticking Time Bomb Of Debt With Interest Payments Skyrocketing!) June 29, 2023 10:48 am
Fed’s cumulative losses equal -71.875 billion remitted to Treasury in 9 months. June 23, 2023 6:53 pm
Michael Hudson Master Class on Dollar Hegemony: “US Treasury doesn’t have to borrow from US investors – it doesn’t have to create money itself…” June 22, 2023 12:31 pm
The Fed “pause” last week has led to a 77% probability of rate hike in July. On the fiscal side, things are even more dire as the Treasury is issuing massive amounts of new debt which will only implode liquidity further going into the low liquidity summer months June 20, 2023 10:15 pm
Treasury Curve Points to Renewed Worries on Fed-Driven Recession (Yield Curve Approaching Recent Inversion Peak Reached In March) June 15, 2023 7:35 pm
Unsustainable debt: Interest on the debt was $61 billion in May, more than the combined spending on veterans benefits, education, and transportation June 16, 2023 3:23 pmJune 15, 2023 6:29 pm
Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar’s share of global reserves, but greenback remains dominant (“Gradual decline” is a whopper right up there with “inflation is transitory”) June 14, 2023 8:20 am
‘Treasury issuance is heating up next week, with a whopping $296B of US debt on auction!’ June 9, 2023 9:18 am
Fed Inferno! Is The Federal Reserve Actually The US Economy? Or Is The Fed The DNC De Facto Treasury?? (M2 Money UP 167% Since Nov ’08) June 7, 2023 4:00 pm