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Good morning everyone, I have some exciting — and also - sad news to tell you today. First, I am going to Bloomberg as a Senior Editor. And I am going…
Edward Harrison
10
As I write this, the US 10-year Treasury bond is yielding 1.457%, well under the trading range it had established during this quarter. And there are a…
Edward Harrison
3
Quick note here to follow up on the macro crystal ball post I wrote a couple of weeks ago (link here for subs). Michael Msika over at Bloomberg had a…
Edward Harrison
1
We got a big CPI print today, 5.0%. That's above expectations. And, we saw a mild uptick in US Treasury bond yields on the back of the number. But I am…
Edward Harrison
Earlier today, Bloomberg reported that the yield on a 10-year US Treasury bond fell below 1.50% for the first time in months. And this happened…
Edward Harrison
3
The US jobs report came in south of expectations, with non-farm payrolls increasing by 559,000 in May but the unemployment falling to a pandemic low of…
Edward Harrison
1
We got reads from two US jobs data series this morning. And both showed continued forward progress. To me, this speaks to the potential for tapering of…
Edward Harrison
Happy June.!! Listen, I want to start this month with a thought piece rather than a data piece. And this is going to be a pretty long post. But I think…
Edward Harrison

May 2021

To understand the likelihood of the US Federal Reserve's tapering timetable being accelerated, I believe we have to understand how quickly the US…
Edward Harrison
4
In yesterday's post, the question was this: how bad do inflationary impulses have to get - even if they're just transitory - to matter? The Fed is…
Edward Harrison
1
The interplay between a central bank's forward guidance and market expectations are where the rubber hits the road on long-term interest rates. It's not…
Edward Harrison
1
I was talking to my colleague Jack Farley about the financial news flow earlier today. (We're recording a Real Vision Daily Briefing at 4:30PM EDT). He…
Edward Harrison
1
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