BoJ has subtly removed the 1% “hard-capped” upper limit of the 10-year JGB yield which suggests an imminent end to YCC may come sooner than expected....
BoJ has subtly removed the 1% “hard-capped” upper limit of the 10-year JGB yield which suggests an imminent end to YCC may come sooner than expected....
BoJ has subtly removed the 1% “hard-capped” upper limit of the 10-year JGB yield which suggests an imminent end to YCC may come sooner than expected....
https://bondvigilantes.com/wp-content/uploads/2023/10/1-six-scary-charts-happy-halloween-1024x576.pngIt’s Halloween again and time for the Bond Vigilantes’...
Larger-than-expected Treasury issuance could lead to worsening budget deficit concerns Nikkei reported that BOJ is considering a further adjustment to...
Rising Treasury Yields Can't Substitute For Fed Rate-Hikes Authored by Alexander William Salter via The American Institute for Economic Research, The...
Despite the recent headwinds from rising U.S. Treasury yields, we have not changed our constructive medium-term outlook for emerging markets (EM) debt....
Yen Soars After Nikkei Report BOJ Considers Tweaking YCC Again To Allow 10Y Yields To Exceed 1% With tomorrow's BOJ "live" announcement already...
Key Events This Extremely Busy Week: FOMC, BOJ, BOE, Payrolls, ISM, And Earnings Galore We start an extremely busy week for markets after...
BoJ’s holding 2-day meeting on Monday and Tuesday The Japanese yen is drifting on Monday after pushing the US dollar back below 150 on Friday. In...
Last Friday, 27 Oct price actions of the USD/JPY led to the formation of a weekly bearish reversal “Shooting Star” candlestick right at a key resistance...
Overview: Fears that the Israel-Hamas war was going to widen this past weekend sent gold and oil sharply higher at the end of last week. A reportedly...
Recent decline in the Nikkei 225 has managed to stall again at the key 200-day moving average with positive momentum seen in the hourly RSI indicator....
Visualizing The Key Investment Theme Of Each Decade (1950-Today) Over modern history, a key investment theme has broadly characterized each...
November may be an in-between month. It will be a month of limited monetary policy actions and a period of heightened geopolitical tensions. Fiscal policy...
A lovely plot from the always interesting Torsten Slok. The graph shows the actual federal funds rate, together with the path of "expected" funds rate...
Overview: The US dollar is trading with a softer bias. Among the G10- currencies, only the euro and Swiss franc are the laggards and are nearly flat....
Economists no longer expect a recession. Such was according to a recent WSJ survey of Wall Street economists. To wit: "In the latest quarterly survey by...
'Better' Data Sparks Big Bond Bid; Batters Mag-7 Stocks To Trillion-Dollar Tumble An avalanche of macro data this morning presented a positive...
Dollar's Fate Is Sealed As Fed's Independence Eroded Authored by Simon White, Bloomberg macro strategist, US fiscal policy is increasingly...
After 10 Straight Hikes, ECB 'Pauses' (As Expected); Warns "Inflation Still Expected To Stay Too High" After defying expectations at the previous...
Quick Take Recent macroeconomic data highlights significant events in the international fiscal landscape. The European Central Bank (ECB) held its gun,...
This is a follow-up analysis of our prior report, “EUR/JPY Technical: Bulls may have reached a key bearish reversal zone” published on 18 September...
Overview: The market is on edge. Anxiety is running higher. It is partly geopolitics, and it is partly market stresses. The dollar is holding above JPY150...
Argentina Tops Zimbabwe For World's Highest Interest Rate Zimbabwe has been unseated from its unenviable position of having the world’s...
Overview: The divergence reflected in the flash PMI readings seen yesterday underpinned the dollar, which is firmer in mostly quiet turnover. The initial...
Our Daily Market Commentary* provides market insight, analyzes economic and financial news, and highlights a few graphs worthy of discussion. Occasionally,...
Canada’s main stock index couldn’t hold on to its gains. The TSX lost as much as 187 points over the course of Tuesday trading. The post...
Peter Schiff: Jerome Powell Isn't Qualified To Be In Any Economic Club Via SchiffGold.com, Last week, Federal Reserve Chairman Jerome Powell...
Market leadership began to broaden throughout the third quarter relative to the narrowly led performance we experienced in the first half of the year....