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7 Feb 2025

GS: Short interest in $TLT is near century-highs

Source: Mike Zaccardi, CFA, CMT, Goldman Sachs

6 Feb 2025

Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed

Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy component for them is one of the surest indicators for long-term inflation expectations,” he said. Cheap capital is coming... Source: www.moneycontrol.com

5 Feb 2025

A majority of stocks (59%) underperform Treasury bills over their lifetime and more than half end up having a negative cumulative return.

“Don’t look for the needle in the haystack. Just buy the haystack.” - Jack Bogle Source: Charlie Bilello, Peter Malouk

21 Jan 2025

Fixed income: Credit is still the place to be

Spreads are as tight as they've been this entire bull market: Source: J-C Parets

20 Jan 2025

The ECB shields high debt countries from bond market crises via the combined effect of past interventions and its TPI anti-fragmentation tool.

Underlying assumption is that high debt countries will do what it takes to bring down debt without crises. That assumption is wrong... - Robin Brooks on X

16 Jan 2025

Will we see a short-covering rally in bonds?

In case you missed it: - $TLT short interest is near RECORD highs, while... - TLT has seen massive outflows Bond market shorts are about to get squeezed. A rally in bonds could be bullish for stocks. Source: Subu Trade

15 Jan 2025

Real yields on 30-year US treasury bonds are now at 2008 levels.

It seems that bond markets are worried about much more than just inflation... Source: Adam Kobeissi, Bloomberg

15 Jan 2025

A good chart from GS that shows how sectors & factors may react to change in 10Y bond yields.

Source: Ayesha Tariq, CFA, Goldman Sachs

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