…showing signs of financial or economic instability, as manifested by lower bond interest rate spreads and inflation rates, and 2—they met the “political” criteria of high shares in U.S. exports…

…back as the bond market. You can intimidate everybody.* And therein lies the problem. He said this in the early 1990s. By the time fifteen years had passed and the…

…happening in the bond market is that the 2 to 10 year spread is reaching equivalent levels at higher and higher absolute yields. Here’s a graph I generated last week,…

…that in recent decades bond market investors have almost always anticipated the Fed’s move, bidding up yields on the 2 year bond in advance of Fed interest rate hikes. There…

…trend remains lower Bond yields rose this past week, as the Treasury auctioned $42 billion of 10-year notes and $25 billion of 30-year bonds that drew somewhat weaker demand. For…

…Fed rate cuts. This was because bond traders well understood that the underlying inflation dynamics over the medium term were poor. It is hard to escape the implication that bond…

…financial gorilla in the room, the Treasury bond market, has noticed. Here is a graph of interest rate yields on the 10 year (red) and 30 year (blue) Treasury bonds…

…of the EU, mainly in eastern Europe. (Richer regions have lower allowable maxima.) A region’s maximum is cut by half for large projects over 50 million euro, and by 66%…

…juiced estimated home values, and Wall Street bankers, who transformed shaky loans into seemingly low-risk mortgage-backed bonds for sale to insurance companies, pension funds and foreign investors. The bond rating…

…deflation, so… At some point, perhaps even the European Central Bank will wake up to the fact that the rising euro will keep the European economy close to recession. All…