James Picerno·17h agoInflation Fears Push Treasury Yields Further Above Fair ValueThe yield premium on the U.S. 10-year Treasury note surged in October as investors demanded greater compensation for inflation and fiscal…A response icon1A response icon1
James Picerno·Oct 29Will the Fed’s Pause Complicate the Inflation Fight?The Federal Reserve left its target interest rate steady yesterday, confirming widespread expectations for no change in monetary policy…
James Picerno·Oct 27Warsh’s Hawkish Rhetoric Meets an Inflation Reality CheckThe Federal Reserve is expected to hold interest rates steady in tomorrow’s policy announcement, but a recent rebound in inflation has left…
Fixed Income Frontier·Oct 21Kenya's 16% t-bill has shut the door on eurobond buyersNairobi's domestic borrowing costs are now roughly three times what it pays abroad, inverting the usual logic of frontier debt issuance.
James Picerno·Oct 16The Case for Another Rate Hike Is Growing StrongerFederal Reserve Chairman Kevin Warsh reaffirmed his vow to “deliver price stability” in a speech on Friday, a day after a second inflation…
James Picerno·Oct 15Inflation Concerns Push 10-Year Yield Further Above Fair ValueThe yield premium on the U.S. 10-year Treasury note continued to rise in September, driven by concerns over inflation and government debt…
James Picerno·Oct 14Global Diversification Pays Off as US Bonds StruggleIt’s been a rough year for the US bond market, but diversifying into international fixed income has helped ease the pain.
InGeopolitics & BeyondbySagar·Oct 13Why Treasury Yields Above 5.25% Could Trigger a Stock Market Sell-OffCould Treasury yields rising above 5.25% put pressure on US stocks? Discover how higher bond yields affect borrowing costs, stock…
InGeopolitics & BeyondbySagar·Oct 12Why US Treasury Yields Keep Rising Despite Bessent’s Bond BuybacksWhy are US Treasury yields rising despite Scott Bessent’s buyback strategy? Discover how government borrowing, inflation expectations…
