The Credit Writedowns Newsletter
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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
Jun 17Comment 8Share
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
Jun 11Comment 3Share
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 p…
Edward Harrison
Jun 10Comment 1Share
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
Jun 10CommentShare
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 literal…
Edward Harrison
Jun 9Comment 3Share
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
Jun 4Comment 1Share
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
Jun 3CommentShare
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
Jun 1CommentShare
To understand the likelihood of the US Federal Reserve's tapering timetable being accelerated, I believe we have to understand how quickly the US emplo…
Edward Harrison
May 27Comment 4Share
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 tell…
Edward Harrison
May 27Comment 1Share
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 no…
Edward Harrison
May 26Comment 1Share
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
May 24Comment 1Share
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