Bond Market Review – 08/20/2021

Jobs, More Jobs, Jabs, and Records Despite inflation, COVID variants, and deep suspicions about trusting the vaccine jabs, records have been set in equities and economic data. As unlikely as an ‘up close’ would have seemed on Monday with global stocks breaking lower...

Bond Market Review – 08/03/2021

All that glitters is not Gold Though it’s still great to win one, the gold medals awarded at the Tokyo Olympics are mostly silver with roughly only 6 grams of gold plating. With the 550 grams of silver, the actual metal value is close to $800. (A real ‘solid gold’...

Bond Market Review – 07/21/2021

Far and a Ways It’s a revival of Fedspeak! In the Greenspan days of the Fed, that former Chair could craft words in such a fashion that it was nearly impossible to discern what he was really saying. We called it Fedspeak. Unlike ‘transitory’ – which is a description...