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.
Instructions
Notes
Treasury implied volatility has risen while stock implied volatility remains low. Comparing the two indexes shows where market stress comes from. It does not predict stock returns, bond returns or the next rise in volatility. Converted to common units, the comparison helps forecast how volatile stocks will be relative to intermediate Treasuries over the next month.