Treasury

At the same time the Bank of Japan caused panic and traders began to unwind the carry trade, something DKI has been talking about since October of 2022, multiple retail trading platforms failed. It might be a good time to hedge your portfolio, or have some assets outside the financial system (or...

To gain an edge, this is what you need to know today. Weak Treasury Auction Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is...

To gain an edge, this is what you need to know today. Poor Treasury Auctions Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market has pulled...

More Confidence To call Wednesday an eventful day is an understatement. Treasury responded to concerns that their above their advisory committee suggested bill issuance they initiated in November to stabilize the bear steepening Treasury market selloff was draining excessive liquidity, potentially...

2024 Outlook Key Forecasts Inflation: Core disinflation but only to the top of the FOMC’s 3%-2% comfort zone Unemployment: Headed well above 4%, likely to be the trigger for the coming Fed pivot Growth: Consumption and investment are slowing, but unlikely to go significantly negative Earnings...

The U.K. Government announced that crypto users must disclose any unpaid capital gains or income taxes to avoid penalties. What Happened: HM Revenue and Customs disclosed guidance on how to pay taxes on Bitcoin (BTC), non-fungible tokens (NFTs), and utility tokens. Crypto tax disclosures to the U.K...

Growth Scare Ahead “Consequently, if consumption and nonresidential investment holds up, with the worst of the residential investment and inventory contraction complete, and the government outlays exceeding receipts by 6% of GDP, a recession of any consequence is a low probability outcome....

The Philippines completed the sale of $270 million in its maiden tokenized treasury bonds. What Happened: The Bureau of the Treasury originally planned to sell $179 million in Tokenized Treasury Bonds (TTBs). However, the bids for the TTBs peaked at 31.426 billion Pesos making it oversubscribed by...

Fiscal Dominance Legendary investor Stan Druckenmiller set off a storm when he criticized Treasury Secretary Yellen for debt management during the pandemic. While the financial press and FinTwit (FinX?) rushed to defend Secretary Yellen, there is no doubt that the actions of the Yellen Treasury...

The Non-Correlated Issue The stock market is falling with the S&P 500 now down more than 10% from its 2023 high. Investors are starting to realize that “higher for longer” now includes inflation and government spending. Bond yields are rising despite the Fed signaling they’re...

JPMorgan Chase & Co (NYSE: JPM) has been named the official account validator for the U.S. Treasury Department for the next five years. Find out more about various services offered by Fintech companies. Meet and engage with transformative Fintech business leaders and investors at...

Despite the resolution of the debt ceiling standoff allowing the U.S. government to meet its obligations, Fitch Ratings has chosen to maintain its "Rating Watch Negative" stance on the U.S. rating, according to a statement released by the credit rating agency on Friday. The suspension of...

The debt limit talk has reached its last and most important stage with just five days, or barely more than 100 hours, until the U.S. Treasury may run out of money.  Both the stock and the bond market are likely to react strongly depending whether a deal is...

The Treasury Department's measures to help keep the government's bills paid have declined to $88 billion from $110 billion just a week ago.  The department said in a recent statement that just over a quarter of the $333 billion of authorized measures are still available to...

The probability that the U.S. economy will enter a recession within the next year has increased to 68.2% in April. That's the greatest level since late 1982, according to the Federal Reserve Bank of New York. The model employs the U.S. Treasury yield curve, and specifically the spread between...