By Ross Clark Click for full PDF report…
By Steve Saville 1. According to news reports, unnamed senior government officials in China have recommended slowing or halting the purchase of US Treasury securities.
By Jeffrey Snider For quite a long time I obsessed over November 20, 2013. It was a day that for the vast majority of humanity
By Heisenberg How big of a deal was today’s “big” news out of China regarding the future of U.S. Treasury purchases? Well, that depends on
By Anthony B. Sanders This Bloomberg News title sounds like something John Carpenter would have created, as in Escape From New York (Fed). Bloomberg News
By James Howard Kunstler And so, as they say in the horror movies, it begins…! The unwinding of the Federal Reserve’s balance sheet. Such an
By Anthony B. Sanders The Federal Reserve was supposed to start shrinking their $4.4 TRILLION balance sheet back in October, but have only recently begun
By Kevin Muir Just one more post about yield curves – I promise! With Friday’s release of the CFTC commitment of traders report, I couldn’t
By Jeffrey Snider At this point in the longer term process of unwinding the Fed’s prior emergency activities, the yield curve was supposed to flatten.
By Tom McClellan October 13, 2017 In Dec. 2016, the monthly closing spread between yields on U.S. 10-year Treasury Notes and the equivalent debt instrument
By Notes From the Rabbit Hole With the Semiconductor sector below but hailing its all-time highs, a lot of images come to mind; chief among
By Jeffrey Snider of Alhambra The Federal Reserve Bank of NY reported on Friday that repo fails for the week of September 20 were $359