by confoundedinterest17
The US financial system has a case of {the summertime} blues.
Bull steepenings within the yield curve are typically seen as a precursor to a recession, however they're usually preceded by bear steepenings. The 3m30y...
by confoundedinterest17
Pension funds have long been investing in “safe” agency mortgage-backed securities.
But as The Fed does its “tighten up”, we are seeing agency MBS prices falling and duration risk rising.
I remember showing my Fixed-income...
Food is in relatively limited supply as droughts in the U.S. and South America caused significant shortages of ingredients like wheat and soybeans. There has been a drop in sugar supply due to...
