Bear Market Rally in Treasury Bonds Appears to be Over

Given the surge of inflation we've seen this year, which was finally somewhat reflected in last month's CPI reading, which was the highest in over a decade, I've been pretty amazed by the rally that has gone on in Treasury Bonds since March. I'm old enough to remember that my very first mortgage came with [...]

Thoughts on the futures markets

The Labor Department reported a net gain of over 940,000 jobs for the month of July, which dropped the unemployment rate to 5.4%.  Economists expected a gain of 850,000 and a rate of 5.7%. As a result, there were some significant moves in the futures markets in the Treasuries, currencies and precious metals. Treasury prices [...]

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