26 Feb 2018

After Last Week’s Buy-Write, Weekly Covered Call On TLT

by | posted in: Credit, Economy, Technicals | 0

The U.S. sovereign bond market has hit the headlines a lot these days.  Rates have rallied big since September 2017 lows, but from suppressed levels, and are at crucial stage technically.  At least near term, fundamentals do not allow for … Continued

26 Dec 2017

Ten-Year Yields Under Upward Pressure, But Not Enough For Major Breakout

by | posted in: Credit, Economy, Technicals | 0

Ten-year Treasury yields rallied last week to right underneath the top end of a three-decade-old channel.  A breakout has to wait for now. The 13-basis-point jump last week was big, and probably took many by surprise.  At one point, yields … Continued