Welcome to your New Year! As I am surmising many may be slowly coming back to work this week, I will quickly provide this update. As expected, the 10-year yield took a breather last week (moved slightly down from its…
Since many slow down at this time of year, I will keep this very brief. With the passing of the new tax reform, we saw the 10-year yield break upwards to its highest point since mid-March (see chart immediately below). …
Okay, it is a holiday week; so, let’s get at this. The 10-year yield has been holding steady between 2.3% and 2.425% since the beginning of November. The FED just raised rates as expected which will lead to increased payments…
Looking at the various articles below, one can easily decide to put their heads in the proverbial sand and call it a day. Let’s just say that our lovely California appears to be getting burned in several ways (taxes, fires…
The most significant event of the last week was that the Senate passed the tax bill. I strongly urge you to read the article below from Forbes. Although the House and Senate still need to massage the disparities in the…
It was a quiet week as expected. We saw a slight drop in the 10-year yield; as it continues to be in the trading range that began early this month (see blue lines below in the graph). Until we get…
Over the last week, we saw the 10-year yield drop slightly. It seems the bond market has decided to start their holidays a little early; as there really has been little movement for about a month. Stepping back a bit…
This past week, the 10-year yield moved up slightly. I stared at the news, graphs, and the German Bund to see if I saw anything worth mentioning. Candidly, I came up with zero insights. Even though the FED is planning…
The 10-year yield pulled back from its recent upward trend this past week. In some ways there was little change. The economy continues to produce good results, employment numbers look good, a new FED Chair was announced, and the FED…
The 10-year yield broke through what has been its upper resistance at 2.40% this past week. I pasted the chart below showing the blue line at approximately that mark. The economy performed better than expected with the GDP numbers; there…