The blog shares commentary on capital markets, interest rates, fixed-income securities, and the yield curve. Posts cover topics ranging from auction analysis to regime detection to yield curve similarity measures.
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A $100,000 sleeve in SweePro grew to $138,472 since 2007, net of fees. The same money in BIL grew to $129,881, and took a deeper drawdown getting there. One monthly review, twelve tenors, the front of the Treasury curve.
The second installment of Salomon Brothers' Understanding the Yield Curve series exposes the gap between forward-implied rate changes and actual market expectations, revealing persistent risk premia that inform modern fixed income strategies.
The first installment of Salomon Brothers' Understanding the Yield Curve series laid groundwork for systematic yield curve trading that remains relevant three decades later.
Examining How Different Bond ETFs Have Performed Historically