US Treasury Yields

The Bond Market Reverses

May 13, 2015

In our March 25 Market Commentary, we discussed the reasons why Treasury yields kept falling in the face of some incrementally more positive economic data. We said that there [...]

Economic Ambiguity

May 5, 2012

Trying to draw a definitive conclusion about the direction of the economy is becoming increasingly difficult. The incoming economic data is ambiguous at best, which may [...]

Déjà Vu Rally

August 5, 2009

The S&P 500 bottomed out on March 9, 2009 after falling 57% from its peak in October, 2007. We sincerely hope the March low will prove to be the final bottom in this ugly [...]