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Apr 4, 20236 min read
Same As It Ever Was - The Talking Head
The LatAm sovereign debt crisis of 1982 was provoked by an inability of Latin American countries, mostly Mexico, Argentina and Brazil, to re
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Apr 4, 20232 min read
Bond Market Insights - Tues, 04 Apr 2023
It was a choppy start to Q2 for US Treasuries. The initial reaction to OPEC’s announcement was illustrated by Fed’s Bullard who said the...
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Apr 3, 20232 min read
Bond Market Insights - Mon 03 Apr 2023
OPEC+ announced a surprise oil production cut of more than 1m b/d, Saudi being responsible for half of that. The move may push the oil...
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Mar 31, 20232 min read
Bond Market Insights - Fri, 31 Mar 2023
As the dust settles Fed speakers are putting their heads above the parapet again. Barkin stated "I'm comfortable" hiking now in 25bp...
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Mar 29, 20232 min read
Bond Market Update - Wed, 29 Mar 2023
The fortunes of KRE US, the SPDR Regional Banks index ETF are being closely watched to determine market direction. Yesterday the ETF...
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Mar 28, 20232 min read
Bond Market Insights - Tues, 28 Mar 2023
The front-end of US Treasuries slipped through 4% again after a weak 2yr auction; the auction tailed by nearly 3bps to 3.954%, with...
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Mar 27, 20232 min read
Bond Market Insights - Mon, 27 Mar 2023
The most surprising aspect of Fed Chair Powell's comments this week was the absence of a firm distinction between monetary policy tools...
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Mar 24, 20232 min read
Bond Market Insights
US treasury investors were busy buying dips in the short end, seeing the “dovish hike” as a sign of being near the end of cycle as a...
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Mar 22, 20232 min read
Bond Market Insights - Wed, 22 Mar 2023
In US treasuries the last six trading sessions had a 2yr range of anywhere from 37bp to 81bp. Today we only saw a 27bp range from the...
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Mar 21, 20235 min read
[Not] Once in a Lifetime - The Talking Head
We have all witnessed, if not been a part player, in the turmoil of the last fortnight as markets have reacted more violently than most have
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Mar 21, 20232 min read
Bond Market Insights - Tue, 21 Mar 2023
What a difference a day makes! Mondays panic saw a meltdown in prices as the market got to grips with the SNB move on AT1’s. CS AT1’s are...
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Mar 20, 20232 min read
Bond Market Insights - Mon, 20 Mar 2023
US equities were weaker Friday on Friday led by bank stocks. US10yr Treasury yields were down 15bps to 3.43%, down 27bps over the week....
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