TYBS News and Press, Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust From 03/27/20

Over the last couple of years, we have often discussed the impact of the Federal Reserve's ongoing liquidity injections, which was causing distortions in financial markets, mal-investment, and the expansion of the "wealth gap." Our concerns were readily dismissed as bearish as asset prices...

Although a big fiscal package is in the pipeline (admittedly the Greatest Deliberative Body in the World is playing its usual log-rolling games), smashed supply, and rampant "money printing" (ha!), breakeven inflation in the United States is cratering (figure above). This is exactly what shou...

By Rob Waldner, Chief Strategist and Head of Macro Research, Invesco Fixed Income ; John Greenwood, Chief Economist ; and Matt Bubriski, Senior Analyst, Global Liquidity Yesterday, Invesco Fixed Income reported on the historic actions taken by the US Federal Reserve to stab...

Kim Parlee recaps the biggest news of the day including the latest COVID-19 developments, followed by a conversation with Michael Craig, Head, Asset Allocation, TD Asset Management as the Fed brings out a barrage of policy moves to support credit and the economy. Original Post Edit...

Originally published on March 23, 2020 The U.S. Federal Reserve (the Fed) announced a barrage of policy measures this morning that collectively were both impressive and creative. The main asset purchase program (previously $700 billion of Treasuries and mortgage-backed securities (MBS)...

By Turgut Kisinbay , PhD, Director of Fixed Income Research; James Ong , Director, Derivative Portfolio Management The Federal Reserve undertakes one of the most aggressive monetary easing programs in history Monday morning, March 23, the Federal Reserve (Fed) announced one o...

The Fed just announced " extensive new measures to support the economy ." What's this all about? The PMCCF will allow companies access to credit ... This facility is open to investment grade companies and will provide bridge financing of four years. ... The Federal Reserve will finance a sp...

Editor's note: Originally published at tsi-blog.com on March 24, 2020. Inflation expectations have crashed along with the stock market and the oil price. This is evidenced by the following chart of the 10-Year Breakeven Inflation Rate, which indicates the average CPI that the market expe...

Originally published March 19, 2020 The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task wi...

The U.S. economy will enter a recession this year, but the Federal Reserve's 23 March announcement that it will buy an unlimited amount of Treasury and mortgage-backed securities (MBS) and introduce numerous facilities aimed at stabilizing the financial system may help avoid longer-term dama...