The US dollar has benefitted from being the best house in a bad neighborhood in recent months. Since the first week of February the Greenback has appreciated 5%, low to high, lifting prices to fresh six-month highs. But this party is over, in my opinion. At least for now… I’m calling an interim top at […]
The fluctuation in yields has been similar to watching paint dry in the last 3 weeks. As seen on the chart above of 10-yr notes pricing has been sideways. Remember there is an inverse relationship so when prices go higher yields go lower. My stance is we will trade higher from the current base which […]
