Silver as an investment

Category Archives: yield

Bond Bears Battered To 5-Month Lows But Rate-Hike Bets Top $3.2 Trillion

Since their peak 'shortedness' in mid-January, US Treasury bond bears have covered 500,000 10-year-equivalent contracts, reducing the net speculative short to its lowest since before Thanksgiving 2016. At the same time, however, Eurodollar shorts (bets on Fed rate hikes) have soared to a new record high (over $3.2 trillion notional).   However, both the absolute […]

30Y Treasury Yield Back Below 3.00% As Shorts Squeezed To Lowest Since November

10Y yields are back below 2.40% and 30Y below 3.00% as the post-rate-hike curve collapse continues, aided by the biggest short-squeeze since Brexit sending speculative Treasury shorts to their lowest since November. The lofty fiscal expectations surrounding President Donald Trump have begun to subside.   Bond bears are having major second thoughts. As Bloomberg notes, […]

Stocks, Dollar, Bond Yields Tumble As GOP Leaders ‘Not Confident” They Have Votes

House leaders are reportedly mulling next steps if the health bill does not pas as GOP leaders are not confident that they have the votes to pass. The reaction in stocks was very fast… Stocks are fading fast to yesterday's lows and VIX is surging   10Y Yield dropped below 2.40%…   And the Dallar […]

Bank Stocks Stumble To 1-Month Lows As Yield Curve Slumps Post-Fed

Not sure why but this seemed appropriate after listening to the drivel from Washington (and Fed speakers) all day…   Bonds and Bullion the big winners post-Fed…   There were 3 notable legs lower in stocks today… The catalysts seemed to be 1335ET – *EVANS SEES MORE UPSIDE POSSIBILITY IN UNCERTAINTY FACING FED, THIS IS […]

Oh Sheet, It’s A REIT (The Coming Crisis)

By Chris at www.CapitalistExploits.at On Wednesday, we took a gander at global real estate and today I’ve got a follow up to that dealing with REITs. My long term buddy, fellow hedgie and confidant Kuppy, who can be found lurking here, shares his thoughts on the US real estate sector and in particular REITs: Him: I think people are […]

Credit Crash Concerns Spark Biggest Investor Underweight Since 2008

Alarm bells are starting to ring across multiple asset classes as we approach The Fed's first double-rate-hike-in-3-months since 2006. The most concerning canary in the coalmine is US credit markets…   After a bigly run-up from the Feb 2016 lows – on the heels of unprecedented central bank cooperation – IG bonds began to break […]

The World’s Second Most Deceptive Chart

Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, I discussed the “World’s Most Deceptive Chart” which explored the deception of “percentage” versus actual “point” losses which has a much greater effect on both the real, and psychological, damage which occurs during a bear market. To wit: “The problem is you DIED long before ever achieving that 5% […]

Yield Curve Collapse & The Fed’s “Surprising Economic Strength”

As Lael Brainard piled on The Fed's sudden utter hawkishness, following Dudley, Harker, Kaplan, and Williams, we noticed a common thread behind the need to hike rates in March – each implicitly or explicitly noted America's "surprisingly strong economy." This led to a stunning WTF moment… What's wrong with this chart? To explain in simple […]

Asian Stocks Hit 18 Month High; Europe, US Futures Bounce As Dollar Rises

Asian stocks hit their highest level in 18 months, with positive momentum lifting European shares which were helped by Societe Generale earnings. Yields fell on some of the euro zone’s battered low-rated bonds as investors put aside the political risks that have dominated markets this week. After trading flat, S&P futures bounced as US traders […]

Gold Jumps To 3-Month Highs Amid China Tightening, Europe Turmoil, & Trump

OK – so, China tightens (worried about leverage), European sovereign risk spikes (Election uncertainty everywhere), Yen surges (BOJ tested again), gold spikes, Treasury yields tumble.. but US stocks are flat and VIX tumbles…   Off the post-Fed-rate-hike dip, Gold is up almost 10%, Dow's flat, and bonds are up…   Chinese stocks sank overnight after […]