US Government Sold $620 Billion of Treasury Securities this Week. 10-Year Yield Ends at 4.31%, 30-Year Yield at 4.91% by Wolf Richter • Apr 11, 2026 • 120 Comments Those yields look too low for what’s coming at the bond market: The next wave of Inflation and a Fed that’s comfortable with 3%+ core PCE inflation.
First Wave of Energy Price Spikes Hit CPI Inflation by Wolf Richter • Apr 10, 2026 • 31 Comments Energy that Americans pay for directly: Gasoline, propane, fuel oil, other fuels, utility natural gas, and electricity.
US Government Interest Payments, Tax Receipts, Average Interest Rate on the Debt, and Debt-to-GDP Ratio in Q4 2025 by Wolf Richter • Apr 9, 2026 • 40 Comments It’s ugly, but slightly less ugly.
The Once Uber-Dovish ECB Continues QT, Shed €66 Billion in March, Has now Shed 50% of QE Assets since Peak by Wolf Richter • Apr 9, 2026 • 13 Comments Marking its gold to market every quarter (unlike the Fed), the ECB booked another big write-up of its gold holdings in Q1.
Six-Month Core PCE Inflation (still before Iran War) Jumps by Most since June 2024. The Fed Needs to Pay Attention by Wolf Richter • Apr 9, 2026 • 39 Comments “Market-Based Core PCE price index,” which excludes the imputed housing components, spiked by the most since February 2023.
Home Prices in the Largest European Countries Range from Housing Bubbles to a Market that Fell back to 2010 by Wolf Richter • Apr 8, 2026 • 50 Comments Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Sweden, Ireland, Austria, Norway, Denmark, Romania, Czech Republic, Finland, Portugal, Slovakia, Hungary, Bulgaria.
Used Vehicle Wholesale Prices Jumped. That’s How it Started in 2020 when Broad Inflation Took Off by Wolf Richter • Apr 7, 2026 • 54 Comments These new inflation pressures suddenly building up in the pipeline are concerning.
Bank of Japan Accelerated QT Further, Started Selling Equity ETFs & J-REITs, Shed 12.6% of its Assets since the Peak by Wolf Richter • Apr 7, 2026 • 12 Comments BOJ tries to put a floor under the yen and a lid on inflation through QT, rather than with rate hikes.
About those Orders for Durable Goods that Factories in the US Received by Wolf Richter • Apr 7, 2026 • 20 Comments The 12-month average, which irons out Boeing’s huge orders, shows the trend: +8.8% year-over-year.
Japanese Government 10-Year Yield Highest since 1997, Yen at 160 despite Intervention Threats, But Bond Vigilantes Still Dead by Wolf Richter • Apr 6, 2026 • 27 Comments Inflation and the deteriorating yen pushed the Bank of Japan into a hawkish stance, and bond yields are on their own.
