10-Year Treasury Yield Snaps Back to February’s 4.5%, Yield Curve Re-Un-Inverts, Mortgage Rates Back at 7% by Wolf Richter • Apr 12, 2025 • 49 Comments The aggressive Bash-Down by the White House of long-term Treasury yields and the dollar since January worked. Until it didn’t.
OMG the Dollar Is Collapsing, or Whatever by Wolf Richter • Apr 11, 2025 • 144 Comments Despite the “Dollar’s Collapse,” the USD remains in its 3-year range and a lot higher than it was before.
10-Year Treasury Yield Snaps Back Brutally, Stocks Go Crazy, S&P 500 Spikes 8.5% then Plunges Back in 1 Hour on Fake News by Wolf Richter • Apr 7, 2025 • 131 Comments Treacherous markets. But they did seem to catch their breath finally. Stocks are due for a big bounce.
Status of US Dollar as Global Reserve Currency: Central Banks Diversify into Other Currencies and Gold by Wolf Richter • Mar 31, 2025 • 114 Comments The surge of the “nontraditional reserve currencies.”
US Government Fiscal Mess: Debt, Deficit, Interest Payments, and Tax Receipts: Q4 2024 Update on an Ugly Situation by Wolf Richter • Mar 27, 2025 • 162 Comments The Deficit-to-GDP ratio and Debt-to-GDP ratio get even uglier.
Treasury Yield Curve Re-Inverts with Sag in the Middle, as Government Swats Down 10-Year Yield. But Mortgage Rates Don’t Follow all the Way, Spread Widens by Wolf Richter • Mar 22, 2025 • 105 Comments Short-term Treasury yields of 6 months or less stay put above 4%.
Who Holds the Ballooning US Government Debt, even as the Fed and Foreign Holders Unloaded Treasury Securities in Q4? by Wolf Richter • Mar 18, 2025 • 59 Comments An increasingly important question in iffy times. Here are the holders as of Q4, who dumped, who bought.
Will Economic Detox Lead to a Recession? Maybe Not. But a Long Deep Stock Market Rout Will (See Dotcom Bust) by Wolf Richter • Mar 14, 2025 • 220 Comments “We’re focused on the real economy,” Bessent said. “Ouch,” stocks said. Where did the Trump put go?
Treasury Yield Curve Flattens as 10-Year Yield Falls, Short-Term Yields Stay Put: Fed’s Pivot to Wait-and-See in Inflationary Times. But Mortgage Rates Stay Near 7% by Wolf Richter • Feb 22, 2025 • 147 Comments Long-term yields matter to the economy. So how to get the 10-year yield down? Not with rate cuts, obviously. That flopped, had the opposite effect. But with a three-pronged strategy.
Treasury Market’s Inflation Expectations Become “Unanchored” by Wolf Richter • Feb 11, 2025 • 134 Comments Why the Fed vigorously backpedaled on further rate cuts and pivoted to wait-and-see: Long-term interest rates matter.
