Following comments by Treasury Secretary Mnuch this morning that ultra-long bonds could "absolutely" make sense for America, the Treasury curve has jumped and steepened dramatically...
With 30Y yields back above the 3.00% Maginot Line.
Presented with little comment...
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Treasury Secretary Steven Mnuchin told an audience of Wall Street managers that they could thank him for financial deregulation.
"You should all thank me for your bank stocks doing better," Mnuchin said at the Milken Institute Global Conference held at the Beverly Hilton, drawing laughs.
Who should "we" thank for this?
Federal prosecutors have subpoenaed several (foreign) banks as part of a criminal investigation into possible manipulation of the U.S. Treasuries market, according to people familiar with the matter.
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
Coffee has been pretty ice cold since November of 2016, as its lost nearly a third of its value. Could this large 6-month decline turn into an opportunity? Below looks at Coffee ETF (JO) over the past few years.
CLICK ON CHART TO ENLARGE