via confoundedinterest: Central banks including The Federal Reserve have numbed the Treasury market to the extent that it feels like it has been injected with a massive dose of Lidocaine. 10-year Treasury Note volatility (TYVIX) just hit an all-time low. And the …
by Anthony B Sanders Between The Federal Reserve FINALLY normalizing interest rates and the constant friction in Congress over the Federal budget and debt ceiling, the Treasury market seems dazed and confused. (Bloomberg) — The spread between 1- and 3-month Treasury bills touched -1.93bp …
by Chris Hamilton I’m dazed & confused…economists and the consensus all acknowledge 2001 and 2007 were low interest rate, debt driven financial and economic bubbles. However, somehow today’s even lower interest rate environment resulting in an additional $9.5 trillion in equity valuation from the …