The BondBeat

while WE slept: USTs flat to bear steepening ahead of PPI/supply; dipORtunity; stagflation 'basket' for the DUB

weekly observations (01/16/24): 2024 the year of the steepener; 20s comeback kid MEANS more supply warranted OR "The Bond Market Rally Is Overlooking a Soaring $2 Trillion Debt Problem"

235yrs of 10yy; specs LONG bonds; what do bonds know, anyways ... RIP, Rafterman

(USTs lower, steeper on LIGHT volumes) while WE slept; “It’s the worst start of a year in more than two decades” … go!

weekly observations (01/08/24); Logan SAYS; ISM > nfp = X, solve for "X"? CPI to Global Wall Street, "hold my beer"?

weekly observations (10.28.24): NFP precaps, dipORtunities, event risks and Statue of Liberty visits keeping pace ...

weekly observations (03/04/24); BMO stopped OUT short 10s; JPM remains long 5s; MS neutral; Wall-E > Bianco + Slok (for now...)

weekly observations (05/28/24): Rational exuberance (BNP on US consumer); flattening floundering (BMO) and ... Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling (HOPE springs eternally...)

(USTs higher on WEAL volumes)while WE slept; historical context (rate cuts and the easing of financial conditions); bond traders targeting HIGHER yields by weeks end...

weekly observations (04.14.25): "The bond market has entered the chat" (JPM)

weekly observations (02/26/24): Uncle Warren's got lots of cash; rates forecasts were meant to be revised (thats why I never made 'em...)

weekly observations: stay short 10s, higher yield f'casts, be patient before buying DIP and more ... conflicting calls; Bostic SAYS (#FOMC101); Bill Gross in steepener; wazoo