Maxioms by David Ader
We cannot take solace from these figures as the upward revision to the core PCE deflator takes the year-on-year rate read more
We cannot take solace from these figures as the upward revision to the core PCE deflator takes the year-on-year rate to 1.9 percent, up against the Fed's outer boundary.
While the curve has moved to flat as a pancake to a bit inverted and yields open the year near read more
While the curve has moved to flat as a pancake to a bit inverted and yields open the year near 4.38%, we are not excited about further inversion just yet.
We deem this action representative of a market that has lost the flurry of last week's panic buying and instead read more
We deem this action representative of a market that has lost the flurry of last week's panic buying and instead is rethinking its view as to the near-term motivation of the Fed and the impact of Katrina.
It is going to follow what the nominal (Treasury) curve is doing. It's not that great of a surprise.
It is going to follow what the nominal (Treasury) curve is doing. It's not that great of a surprise.
We've seen dip buying and think that's a precursor to larger commitment into supply.
We've seen dip buying and think that's a precursor to larger commitment into supply.