The Impact Of Rising Interest Rates

With the recent increase in interest rates, perhaps the paramount question is what impact a rising interest rate environment will have on the economy. First, for reference, here is a long-term chart of interest rates from 1962, as seen in Doug Short’s post of August 17 titled “Treasury Yields In Perspective” : (click on chart …

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Corporate Bond Yields And OASs

I often write about interest rates and related topics as my analyses indicates that the overall bond market is an exceedingly large asset bubble. The characteristics and price levels of corporate bonds is highly noteworthy. For reference purposes, here are three bond indices and their FRED charts, as well as depictions of their spreads (as seen …

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Postcard From The Stock Market Bubble

This post is the latest I have written concerning the stock market. For reference, below is a one-year daily chart of the S&P500 through May 15 (with a closing price of 1658.78), indicating both the 50dma and 200dma: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author) There …

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Corporate Bond Yields And OASs

I often write about interest rates and related topics as my analyses indicates that the overall bond market is an exceedingly large asset bubble. The characteristics and price levels of corporate bonds is highly noteworthy. For reference purposes, here are three bond indices and their FRED charts, as well as depictions of their spreads (as seen …

Read more

Corporate Bond Yields And OASs

I often write about interest rates and related topics as my analyses indicates that the overall bond market is an exceedingly large asset bubble. The characteristics and price levels of corporate bonds is highly noteworthy. For reference purposes, here are two bond indices and their FRED charts, as well as depictions of their spreads (as …

Read more

The Bond Bubble – February 2013 Update

In previous posts I have discussed the Bond Bubble and its many facets. Since my last post on the Bond Bubble (the July 25, 2012 post titled “The Bond Bubble – July 2012 Update“) yields of various Treasury maturities have started to increase. Here is a chart depicting the recent movements of various (3-month, 2-Year, 5-Year, 7-Year …

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The Bond Bubble – February 2012 Update

In previous posts I have discussed the Bond Bubble and its many facets. Since my last update on August 15, 2011 (“The Bond Bubble – Update“), the yield on the 10-Year Treasury has roughly been in the 1.7%-2.4% range.  This is seen in the 3-year daily chart, LOG-basis, as shown below: (click on chart to enlarge image)(chart …

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A Note On Asset Bubbles

I would like to highlight the topic of asset bubbles and the numerous past posts I have written concerning them.  This topic is particularly apropos given that my analysis indicates that various asset bubbles are very “mature,” i.e. very close to ending or “popping.”   As well, I have been writing of my analysis concerning …

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