STPP News and Press, Barclays Bank PLC ZC SP ILN REDEEM 13/08/2020 USD 50 - Ser A From 02/24/19

By Blu Putnam At a Glance With the U.S. economy decelerating and central banks halting asset purchases, there's something for buyers and sellers of U.S. bonds. The bond market is confused, with two prevailing viewpoints that are pulling it in different directions. The chart below i...

By OpenMarkets A rise in stocks since the late December lows, a flat yield curve and U.S. China trade negotiations are creating an inflection point for the market, says Jack Bouroudjian. He covers where we go from here. Editor’s Note: The summary bullets for this article...

The BCI at 250.9 is above last week's downward revised 249.6, and and forms a new high for this business cycle’s indicated by the BCIp at 100. Also, the 6-month smoothed annualized growth BCIg at 9.7 is above last week’s 9.5. Both BCIp and BCIg are not signaling a recession. (BCI...

Nothing the Fed did Wednesday, or has done up to Wednesday, has changed the curves. Eurodollar futures and USTs, they are both still inverted. The former sharply inverted. The only thing that has changed since early January is the narrative - and not in a charitable way. It is treated as a pos...

In this exclusive clip from Hedgeye’s inaugural Mega Market Trends webcast, Hedgeye CEO Keith McCullough answers a viewer question on how inflation expectations factor into our investing decisions. McCullough laments that inflation is one of the most underappreciated factors in fore...

Corporate bond spreads are an important measure of risk, liquidity and general economic/market conditions. Corporate bond spreads or credit spreads represent the yield above an equal maturity Treasury bond or risk-free rate. For example, if a 10-year Treasury bond is yielding 3% and a...

Believe it or not, officials at the Federal Reserve are discussing how the Federal Reserve should operate its monetary policy in “normal” times. As explained by Nick Timiraos in the New York Times , “Federal Reserve officials are zeroing in on a strategy to end the wind...

Although economic releases on the U.S. calendar in the week ahead will be rather light amid the observance Monday of Presidents' Day, there will still be several salient data points and corporate events on tap. Monday, February 18 Federal Holiday Most government offices, courts...

If you are a regular reader of mine, you know that I am a strident critic of monetary policy in our country and that I have been immensely skeptical of our Federal Reserve for (in my opinion) being beholden to daily moves in the stock market to help it set what is supposed to be longer-term mo...

For a long time now, I have argued that one of the major factors impacting U.S. financial markets as well as world financial markets is the liquidity that exists with the global system. This abundant liquidity has come about due to the way that central banks throughout the world, but espec...