Treasury Downturn to Continue Long-Term
by Matt Krupski
Since December 2008, Treasury bond futures prices have seen a substantial downturn. The flight-to-quality bid has eased as the economy has improved, and we’ve seen an increase in supply as the government has been selling Treasury instruments to fund economic stimulus measures. As supply goes up, people will demand [...]

Treasury Bubble Part II: Three-Month Yield Turns Negative
by Phil Streible & Richard Ilczyszyn
Risk-aversion has been driving investors, and they have been rushing into U.S. Treasuries. Yields have been pushed down to historic lows across the yield curve, and in an unprecedented development, three-month Treasury bill yields have actually turned negative. The Treasury bubble is [...]