Bond Market Chaos to Increase by March 2024
October 12, 2023 The major issue with the bond market right now is the overwhelming amount of bond issuance combined with the notable absence of the usual buyers. In other words, the illiquidity is already causing U.S. sovereign debt to trade like a microcap penny...The Soft-landing Narrative is a Myth
September 15, 2023 The US recession is merely delayed, not canceled. The soft-landing narrative is a myth. The government’s fiscal stimulus in 2023 has temporarily lifted the GDP growth rate. However, fiscal stimulus is not a reliable source of economic growth....Thin Skin Mortgages
August 31, 2023 The average interest rate for a 30-year fixed-rate conforming mortgage loan has soared to 7.31%. That means borrowing costs are now at the highest level in 23 years, which has caused the demand for purchases to plunge to the lowest level in 28 years....What is Next for Treasury Yields
...
This content is for Trial Subscription and Annual Subscription members only.
Register
Register
Already a member? Log in here