TYNS News and Press, Direxion Daily 7-10 Year Treasury Bear 1X Shares From 04/14/20

U.S. Treasury yields plunged to new all-time lows after the onset of the coronavirus pandemic, reflecting a flight toward safety by investors, the prospect of a very deep recession, and large-scale purchases of Treasuries by the Federal Reserve. How long-lasting will this environment of super-...

By Frank Shostak So far in March, the data indicates that the yearly growth rate of our measure for US money supply ( as measured by the AMS metric ) stood at 10.5 percent against 6.6 percent in February and 1.7 percent in March last year. Given that the Fed is busy throwing money at the...

The big macro issue facing us is the question of inflation that results from activity restrictions. I wrote about inflation forecasting earlier , and the key take-away is that CPI prints will depend heavily upon the weight of each component, and the components will be moving in different dire...

Investment thesis: Despite the equity market rally, the Treasury market hasn't sold off, indicating there is still a big safety bid. Other bonds rallied due to the Fed stepping into the market. If investors have a high risk tolerance, some higher-rater corporate debt ETFs might be appropriat...

Overview: We start with the end of 2019 as a time when many companies issued low-cost debt to buy back shares and/or to aggressively acquire other companies and to thus leverage their balance sheet into danger zones. Most of these activities were initiated to satisfy buyback cheerleade...

The severe damage already evident in the U.S. labor market is a clear signal of the recessionary plunge in economic activity. We now forecast real U.S. GDP will contract over −5% over the full year of 2020, with the deepest contraction in the second quarter - an estimated quarterly drop...

Over the last five weeks, the Federal Reserve has been in crisis mode. As a consequence of all its balance sheet expansions, the expansive alphabet soup of programs, along with QE infinity, the level of bank reserves has risen by just over $1.5 trillion. In the three weeks since the Fed's effo...

COVID-19 represents a watershed moment for relations between the Fed, Congress, and Treasury. Peter Conti-Brown - a legal scholar and financial historian at the University of Pennsylvania, as well as a Nonresident Fellow in Economic Studies at the Brookings Institution - returns to Macro ...

Well, so much has happened, I hardly need to update the yield curve. Coronavirus has given us one big push into the recessionary outcome that we have been tentatively dancing around for some time. The first graph here is the comparison of the 10 year yield and Fed Funds Rate. The imminent re...

By James L. Caton Fiscal restraint is gone. Supported by central bankers who have developed a set of policy tools whose impact is practically imperceptible, year after year the national debt continues to grow. We no longer live in an era where easy money generates inflation. Such a worl...