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Charles

Thank you sma3! We are spending this summer in northwest again. I have no quiet place I can be before noon eastern (9 am here). Library opens at 9am! I've set up a session for Friday, 2 pm eastern ... posted on board. But, if that does not work, just call me at 805 468 9599 ... if I can pick up I will. Hopefully, can pick a day where you can attended from noon on. Very happy to do! c

About

Users name: Charles
Joined: March 2012
Visits: 9,551
Last Active: June 2
Roles: Administrator, Premium

Comments

This piece from FT kind of sums up what (they think) has been happening here ... corroborating comments above from contributors to this thread: US Treasuries sell-off deepens as 'safe haven' status challenged

in So Much for Flight to Safety Comment by Charles April 9
MM seems like good place to be right now. Maybe only place.

in So Much for Flight to Safety Comment by Charles April 9
From WSJ brief this morning ... Intensifying Selloff in U.S. Treasurys Stirs Fears An aggressive selloff in longer-term U.S. Treasurys overnight sent a worrying sign to markets that almost no asset is safe as President Trump’s sweeping new tariff…

in So Much for Flight to Safety Comment by Charles April 9
Me too. New ground for me (which isn't saying much).

in So Much for Flight to Safety Comment by Charles April 8
JR has been a skeptic for a while that the SP500 will continue performing like it has historically. c

in This Time, It Really Is the Tariffs Comment by Charles April 8
Related ... Hedge Fund Treasury Trading

in So Much for Flight to Safety Comment by Charles April 8
@Observant1. What Is The Basis Trade?

in So Much for Flight to Safety Comment by Charles April 8
Well, far from "blowing up" ... but maybe for them: Quant hedge fund Renaissance suffers steep losses in tariff tumult

in James Bianco, "Who Blew Up" Today? Comment by Charles April 8
@stillers. Love Nate!

in Tariffs Comment by Charles April 8
@bee. Really good! Did not realize it was an interview. Beautiful. c

in So Much for Flight to Safety Comment by Charles April 8
@Observant1. Yes, heavenly.

in U.S. Treasury issues retribution??? What if there is a new tool being considered by foreign holders Comment by Charles April 8
At close: HYD -0.89%, JNK -0.41%, IEF -0.50%, TLT -1.89%, AGG -0.52%.

in So Much for Flight to Safety Comment by Charles April 8
Probably not, at this point. Side note: On a recent train ride from Bellingham to Seattle aboard the Amtrak Cascades, which comes from Vancouver BC, there were NO Canadians on board.

in U.S. Treasury issues retribution??? What if there is a new tool being considered by foreign holders Comment by Charles April 8
@bee. Thank you! I'm a Howard Marks fan. Will look forward to reading. c

in So Much for Flight to Safety Comment by Charles April 8
And I see yields up and bonds down again this afternoon. As of 12:30pm Pacific: HYD -0.8%, JNK -0.4%, IEF -0.4%, TLT -1.6%, AGG -0.4%.

in So Much for Flight to Safety Comment by Charles April 8
A bit over my head, but here's article on this topic in WSJ (may need subscription): Stocks Are in Turmoil, but Treasury Yields Are Stubbornly High

in So Much for Flight to Safety Comment by Charles April 8
@larryB. Trying to reduce entropy is an eternal challenge.

in U.S. Treasury issues retribution??? What if there is a new tool being considered by foreign holders Comment by Charles April 8
@yogibearbull. Good post.

in James Bianco, "Who Blew Up" Today? Comment by Charles April 8
@equalizer. Cute!

in So Much for Flight to Safety Comment by Charles April 8
@gman57. Yay. Predicting rates seems as hard as predicting equity markets. Maybe harder. In crash's recent post, I see BlackRock's Fink remains contrarian on rates.

in So Much for Flight to Safety Comment by Charles April 8
@WABAC. That's helps. Thank you.

in So Much for Flight to Safety Comment by Charles April 8
Indeed,

in FINVIS FUTURES, March 7 Comment by Charles April 8
Are you suggesting countries too (in addition to the hedge funds mentioned by @Observant1) started dumping Treasuries today helping push rates up?

in U.S. Treasury issues retribution??? What if there is a new tool being considered by foreign holders Comment by Charles April 7
Suspect the whiplash broke a few players today, given how much leverage can be in play.

in So Much for Flight to Safety Comment by Charles April 7
@Observant1. Thanks. That helps. Well, helps with understanding. It just did not make sense to me what happened today. Last Thursday was text book. But not today.

in So Much for Flight to Safety Comment by Charles April 7
@gman57. So, you are saying inflation caused investors to dump treasuries. Because they think Fed will raise rates? Or, because they think treasuries will not keep up? I discounted the former because I felt the inflation will not be caused by dem…

in So Much for Flight to Safety Comment by Charles April 7
@rfono. One good trend pays for them all. Sweet!

in Ritholtz - How Not To Invest Comment by Charles April 7
@Mark. Thank you!

in Ritholtz - How Not To Invest Comment by Charles April 7
Yes, maybe it will be better in the morning!

in Board Asleep Comment by Charles April 7
@Anna. Yay, maybe pause DOGE for 90 days too.

in Tariffs Comment by Charles April 7
@Old_Joe. Ouch.

in Graphic: Stocks in Asia Fall Sharply, Extending a Rout Caused by Trump’s Tariffs Comment by Charles April 6
@Observant1. Actually, I think Ackman offers a good idea. He runs hot and cold, but I like this one.

in Tariffs Comment by Charles April 6
in Buy Sell Why: ad infinitum. Comment by Charles April 6
@Old_Joe. Wow. Just awful. Maybe rates will give a little relief. c

in Nikkei plunges as Asian markets brace for further tariff fallout Comment by Charles April 6
@yogibearbull. Good grief.

in March 6: FINVIS FUTURES Comment by Charles April 6
@Anna. Woe us and US indeed ... greatest destruction of capital since the airlines. https://www.cnn.com/2025/04/06/business/stocks-futures-sunday-tariffs/index.html

in March 6: FINVIS FUTURES Comment by Charles April 6
Glitches yesterday in Lipper drop. Flows finally showed up at 10:34 pm. About 14 hours late. MFOP updated now through 31 March. MTD through 4 April. Flows through 4 April, as applicable.

in Month Ending May MFO Ratings Posted! Comment by Charles April 6
@Sven. Since 28 March 2025, I'm liking TBills, CDs, IG Bonds. I do think that since inflation will not be demand driven, Fed may step in down the road. That said, IG Bonds have not been the place to be for years. Hopes of lower rates have just not m…

in Stagflation - "This Economic Paradox Nearly Took Down Three Presidents.." Comment by Charles April 6
Lipper slow this morning. Neither LGDF or LGFF has dropped yet, as of 7:10 am Pacific.

in Month Ending May MFO Ratings Posted! Comment by Charles April 5
I did sell all equities after three years, precisely. Week ago, Thursday, 27 March. Rolled into DODIX, PIMIX, HOSIX. Done pretty well. But if recession bell continues to ring, will exit to TBills.

in Death-Crosses Comment by Charles April 5

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