As of close today, nominal yields are up 0.62%, real up 0.38% since the beginning of the war.


As of close today, nominal yields are up 0.62%, real up 0.38% since the beginning of the war.

Dear gentle readers: Apologies for a somewhat ragged Coffee Break today. Traveling in Scotland and time has been…
Both strongly beat consensus. From the Fed’s G.17 Release today: Figure 1: NFP employment (bold blue), civilian employment with…
Yves here. Perhaps we’ll seem some positive surprises for a badly-needed change over the coming weeks, but the…
POTUS Trump, much of his regime and many American CEOs were in China yesterday to meet with President…