25 Nov 2016

Recent Spurt In Rates Bound To Hurt Housing, If Sustained — Likely Not Sustainable

by | posted in: Credit, Economy | 0

U.S. sales of homes – both new and existing – are at/near cycle highs.  This amidst personal incomes that are struggling to rise with surging home prices.  Against this background comes the recent backup in mortgage rates, particularly post-Trump victory.  … Continued

12 Mar 2015

Bond vigilantes vs. Fed: Who is calling whose bluff and where it might lead

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

U.S. bond market and Fed lock horns as relates to trajectory of short rates Fed continues to drop hints it is ready to lift rates off near-zero levels Should that come to pass, it has potential to help vigilantes’ case … Continued