For two Fridays in a row, bonds have leveled off in a way that offered some hope for consolidation and stability. And for two Mondays in a row, the week is starting off with heavy selling crushing that hope. Some of this dynamic can be ch... (read more)
Today, for yield curve fans, the 3, 5, and 7-year Treasury yields are all above the 10-year yield. But yesterday was the Spring Equinox, aka Vernal Equinox, above the equator. The technical description of this event is beyond the scope of this Commen... (read more)
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