Bond Market Update
Jack Bouroudjian, Index Futures Group CEO, highlights action in Treasury yields now Click here to watch this video.
Jack Bouroudjian, Index Futures Group CEO, highlights action in Treasury yields now Click here to watch this video.
Insight on the market action, with Gordon Charlop, Rosenblatt Securities; Anthony Grisanti, GRZ; and Jack Bouroudjian, Index Futures Group.
A look at what is really driving the moves in U.S. Treasurys, with Jack Bouroudjian, Index Futures Group CEO. Click here to watch this video.
Folks, the bond vigilantes have moved their focus from Greece to Italy. Italian bonds slumped, driving 2-, 5-, 10- and 30-year yields to euro-era records after LCH Clearnet SA raised the deposit it demands for trading the nation’s securities. This has caused a global margin call that’s resulted in liquidation of everything—stocks, commodities, etc. The [...]
Folks, I’ve received a number of emails in response to my post last week about what to do if you have an MF Global account that’s been frozen. I wanted to take this opportunity to reiterate that I’m a former board member at the Chicago Mercantile Exchange and I know this world very well—if you [...]
Folks, I’m making my way back to Chicago today after taking part in yesterday’s Biz 880 Miami Money Expo. Big thanks to Bull & Bear Institute, Currensee, Daniel “The MoneyMan” Frishberg, Charles Schwab and everyone who came out for making the event a rousing success. All the presentations and breakout sessions on stocks, futures, real [...]
Folks, we got some moderately good news on the jobs front this morning. For the week ending October 29, unemployment claims dropped to a seasonally adjusted 397,000, the lowest in more than a month. It’s a modest improvement of 9,000 from the week prior and still alarmingly high, but psychologically, coming in under that 400,000 [...]
Well, folks, we had a nice firm opening this morning after yesterday’s Greek-inspired selloff, and it feels like at least some of the fear may be behind us. The bounce today is important—it will tell us whether we’ve weathered the storm. Don’t read too much into it unless it continues into the afternoon, because this [...]
Folks, there is global selloff taking place, and I have to tell you, this one caught me by surprise. I’m usually the one waiting for that thing that comes out of left field, but I definitely didn’t expect this. Right now, it’s looking like all bets might be off for that year-end melt-up scenario I’ve [...]