March 29, 2023
Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance The Fed raised rates 25 bps The decision was unanimous The terminal rate projection is unchanged at 5.1% FOMC statement modifies guidance: “The committee anticipates that... Read More →
March 21, 2023
Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance The US 2Y treasury posted a 3-SIGMA MOVE, EACH DAY, SEVERAL TIMES IN A ROW. Statistical odds: Once every 50+ million years. This week's volatility predates... Read More →
March 15, 2023
Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance Look at that policy path repricing! From the gray bars at the beginning of last week to the blue bars today (now a sub<5% terminal rate... Read More →
March 8, 2023
Market Performance (YTD) Source: YCharts Disclaimer: Past performance is no guarantee of future performance US 2y yields jump to almost 5% following hawkish Powell speech. Says ultimate rate peak likely to be higher than expected. pic.twitter.com/syiU86ZV3R — Holger Zschaepitz (@Schuldensuehner)... Read More →