The 10-year US Treasury yield (blue) is marching back towards its high last October.
Recall that - at the time - US Treasury announced that it would issue less longer-term paper, which is what stopped that rise. That card has now been played and yields are rising again... Source: Robin Brooks
Corporate insiders are more bearish than they have been in at least one decade
Source: InsiderSentiment.com
Corporate insiders are more bearish than they have been in at least one decade
Source: InsiderSentiment.com
Reversion to the meme...
Source: Charlie Bilello
Agree
Source: CNBC
Did you know that the US is the only G10 economy where the latest core inflation print surprised to the upside?
Source: Goldman Sachs, TME
U.S. President Joe Biden reportedly intervened to prevent Israeli Prime Minister Benjamin Netanyahu from authorizing an immediate retaliatory strike against Iran
Following Iran's launch of approximately 300 attack drones and missiles at Israel. The New York Times reveals that despite support from some members of Israel's war cabinet for a response attack, the limited damage caused by Iran and Netanyahu's conversation with Biden resulted in the strike being called off. Source: i24 News
Big Mac inflation vs. CPI... which one is right?
While many investors are more confused than ever looking at "CPI", whatever that is, the real inflation gauge is giving off a serious warning. Source: J-C Parets
