TYBS News and Press, Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust From 06/28/20

I have said it often enough. We are in a "Borrower's Paradise" and a "Fixed-Income Investor's Hell." For people and institutions that need yield and a cash-flow you can just about "Forget about it." With the 10 year Treasury closing at 0.64% on Friday, we find the Bloomberg Treasury Index, wit...

By James J. Puplava "History repeats itself, but in such cunning disguise that we never detect the resemblance until the damage is done." - Sydney J. Harris "Those who cannot remember the past are condemned to repeat it." - George Santayana This year marks my 40th year in the b...

This article describes how China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve the dollar, not destroy it, because it is the principal means of Chinese foreign interests being...

You might think the Social Security Administration's annual cost-of-living adjustment for Social Security benefits is based some sort of index that accurately reflects "official U.S. inflation." That would be wrong . You might also think the SSA's COLA is based on some sort of 12-month year...

The future's unclear, especially when it comes to anticipating the trend for inflation. Or so it appears based on comparing the Treasury market's implied forecast vs. recent estimates from several prominent investment and consultancy shops. Let's start with the Treasury market, which continu...

By Robert Eisenbeis, Ph.D. As reported previously, the Federal Reserve has embarked upon an evolving series of support and lending programs as part of its emergency response to the COVID-19 pandemic. As Chairman Powell stated in his post-FOMC meeting press conference and in subsequent Cong...

By Kevin Flanagan, Head of Fixed Income Strategy I know now may not be the time investors are thinking about an interest rate hedging angle for their bond portfolio, but maybe it should be. Typically, reallocating funds to ward off potential interest rate risk occurs when the upward trend ...

Rick Rieder, Russ Brownback and Trevor Slaven contend that in the tug-of-war between the considerable economic damage stemming from the coronavirus and subsequent lockdowns, and the fiscal and monetary policy responses put in place, the latter factor is being underestimated by markets. Furthe...

The lack of issuance and supply over the last almost year or so, that's what makes the TIC data so fascinating. And relevant, if for other reasons, too. CLO issuance, according to a bunch of sources, peaked back last June. Remember that whole "recession scare" with the yield curve last summer?...

The Federal Reserve System has stretched itself to provide a cushion for the current economy crisis so as to minimize the extent of the downturn. Liquidity has been the first issue. Can the Federal Reserve provide the financial markets and financial institutions with sufficient liquidity so ...