#Credit spread

One month ago, Citi's credit team laid out its outlook for the coming year in what - in our opinion - was one of the gloomiest reports for the coming year, and included the following fascinating revelation according to which central bankers appears to have lost control: "That seems to be a growing

If you consider the tactical situation facing the Federal Open Market Committee, two pictures really tell the tale.  First is GDP, FedFunds, 2 year Treasury Notes and 10 year T-bonds, as shown in the chart from FRED. But more important that the mere rates, especially those scarce market rates,

Authored by Peter Tchir via Brean Capital, I wish it was Sunday‘Cause that’s my fun dayIt’s just another melt-up Monday The S&P 500 has rallied 1% or more four times this year – three of those have been on Mondays (4 out of the 7 largest upside moves this year in the S&P 500 have been