2906, 2015

US Treasury Yield, June 29, 2015

By |June 29th, 2015|0 Comments

The yield curve steepened last week as longer duration bonds reacted to uncertainties in the Eurozone. Greece and its creditors are still far-apart in their negotiations with time running out. While the long-end of the curve collapsed, the shorter-end was unchanged. The 2 year UST at .72% and the 3 year at 1.09% continue to […]

2306, 2015

US Treasury Yield Curve, June 21, 2015

By |June 23rd, 2015|0 Comments

Nothing much to cheer about. The Federal Reserve decided not to raise interest rates in June, as expected, but it’s statement Wednesday suggests the long awaited rate hike will come in September. Or, maybe in October or December as it wants to see “further improvement” in jobs and wage growth and inflation closer to 2%. […]

1706, 2015

US Treasury Yield Curve, June 14, 2015

By |June 17th, 2015|0 Comments

Bond prices ended the week on a positive note after a rocky 5 day yield rally. The 10 year UST note spiked to a yield of 2.49% last Wednesday before closing the week at 2.39%. Yields as shown above are not reflective of last week’s volatility as trader confusion persisted until we got some positive news out of […]

306, 2015

US Treasury Yield Curve, May 31, 2015

By |June 3rd, 2015|0 Comments

Big news! First quarter GDP was revised down from +0.2% to -0.7%, mostly due to a wider trade deficit and less inventory accumulation but the bond market was more focused on the headlines coming out of Greece where they have until June 5th to pay £150 billion to the IMF. It is the majority opinion that Greece will […]