Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
While COVID-19 shut down movie production around the world, and delayed the release of the upcoming 25th official James Bond film…
The virus panic and response to it created a new secret agent.
Bond… SHY Bond.
(more…)After Thursday afternoon’s love-fest of optimism, equities went exploding higher and bonds got smashed (magenta tinted area, below). Ever since last night, however, bonds have valiantly fought their way back:
SlopeCharts has thousands of fascinating charts in its economic database. Here are some interest rates I found especially fascinating, illustrating some of the craziness of the past six weeks. Click on any chart for a bigger view, particularly since it’ll let you see the title of what you’re looking at.
I last wrote about US 10-Year Treasury Yields in my post of August 16, 2019, which warned of potential upcoming weakness in the equity market. It was trading at 1.556.
Since then, it rose to a high of 1.952 in December, reversed course sharply in January, and has plunged to an all-time new low of 1.254 as of 2:15 pm ET today (Thursday), as shown on the following Monthly chart, as equity markets reached a 10% correction level this morning.
The big question is, is this capitulation or is it a warning of further equity weakness?
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