Better than expected jobs data has put the pinch on [...]
We would like to see the bulls step up and buy this market, making the chart a little more neutral going into the payroll print. Fat chance.
Hard to tell what’s going on in the Treasury/MBS market [...]
With the “game” being played out between the Fed (Quantitative Easing) and the market (inflation, fixed income downgrades, and potential treasury bubble) the outcome is unknown yet the stakes are high
As we close the book on a holiday shortened trading [...]
Slip sliding away, you know the closer your destination , [...]