We had the Bank of Canada and the European Central Bank this week. Next week, we get three more major central banks: the Fed (Wednesday), the…
Rates as of 05:00 GMT Market Recap Well, I was wrong about the European Central Bank (ECB) meeting. I was even wrong about President Lagarde’s scarf!…
Rates as of 05:00 GMT Market Recap On Tuesday I said that the stock market was no longer signalling “risk-on” or “risk-off,” but rather “rotation.” Yesterday…
Rates as of 05:00 GMT Market Recap Hah! All the graphs I showed yesterday morning about the stock market went in the opposite direction Tuesday as…
Rates as of 05:00 GMT Market Recap Normally I start my day by looking at the stock markets to see whether we’re in a “risk-on” or…
There’s been a marked change in sentiment in financial markets recently. The change has emanated from the bond market, specifically the US Treasury market, where yields…
Rates as of 05:00 GMT Market Recap It wasn’t what Fed Chair Powell said, it was what he didn’t say that roiled the markets. He acknowledged…
Rates as of 05:00 GMT Market Recap The volatile Treasury market continues to set the pace for other markets. You can see just how volatile it…
Rates as of 05:00 GMT Market Recap US markets were down yesterday, but stocks are up pretty much across the board in Asia this morning. The…
Rates as of 05:00 GMT Market Recap The theme in the market nowadays has been the fight between the market and the central banks over the…
