Tag Archives: Bond Yields

Bond Yields and Equity Prices

Interesting chart which reflects what we have been preaching for years. Central bank distorted and repressed bond yields result in a mispricing of all other assets. This chart goes a step further and quantifies it, though it assumes “all other … Continue reading

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The Bonds With A Draghi Tattoo

On Tuesday,  June 27th,  Super Mario said this, “Deflationary forces have been replaced by reflationary ones.”  – Mario Draghi And here is how global 10-year bond yields reacted, The German 10-year Bund yield increased 77 percent — OK, from a … Continue reading

Posted in Bonds, Euro, Uncategorized | Tagged , , | 12 Comments

The Rack Trade

Ever have a pairs (spread) trade where both sides were moving against you?  Ouch!  Been there, don’t want to do that.   Well, this is what we call the rack trade  (Kudos to Doug Skrypek for coining the term).   You … Continue reading

Posted in Bonds, Crude Oil, Uncategorized | Tagged , , , , | 6 Comments

The Broken Bond Market

The Fed tightens on Wednesday and bonds rally.  What the hay? GaveKal, Jeff Gundlach,  and Jim Bianco nailed it in that every spec and their mother are/were short 10-year Treasuries. Source: Quandl (see here for interactive chart) But this is … Continue reading

Posted in Bonds, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 51 Comments

Daily Risk Monitor – September 5

Global interest rate spike. Click on table to enlarge and for better resolution (click here if table is not observable)

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Daily Risk Monitor – September 4

Click on table to enlarge and for better resolution (click here if table is not observable)

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Daily Interest Rate Monitor – May 7

(click here if table is not observable)

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Daily Interest Rate Monitor – May 6

(click here if table is not observable)

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Daily Interest Rate Monitor – May 3

(click here if table is not observable)

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Daily Interest Rate Monitor – May 2

(click here if table is not observable)

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