The bond market is beginning to expose what governments have desperately tried to hide. Britain’s 30-year yield has now reached 6.036%, the highest since...
The housing market is being squeezed from a direction most people still do not understand. The 30-year mortgage rate jumped from 7.03% to 7.28% in a single week,...
Treasury Secretary Scott Bessent has effectively challenged the bond market to a fight, telling traders, “I have asymmetric information. I am the house now,”...
The US Treasury has doubled the size of its buyback operations for longer-term government securities from $2 billion to at least $4 billion per operation after...
What is unfolding in the UK bond market right now is not about inflation alone, and it is not simply about interest rates. This is the type of move that signals a...
The Fed may create policy, but it is ultimately dictated by the markets. Powell came out and reaffirmed the central bank’s fears of a hiring slowdown. Soon, the...
In the United States, local governments and states often use their own budgets to purchase investment vehicles. States are permitted to invest in foreign bonds,...
The world’s largest pension fund, the Government Pension Investment Fund (GPIF) of Japan, reported a $61.1 billion loss for the first quarter of the year. Half...
Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve...
The US Treasury stopped issuing paper savings bonds in January 2012, switching to online platforms. There is a slight exception where a paper Series I may be...
