Tag: Sit Rising Rate ETF

More Job Losses Are More Lives Saved

The mind boggling loss of jobs last month was not caused by an economy out over its skis in need of a correction, but is a measure of the country’s resolve to meaningfully damage the rapid spread of COVID-19. More job losses are more lives saved. Losing 20 million jobs in a month is a… Read more »

Will the Coronavirus Make the Fed Sick?

As seen in Bond Buyer. Continued uncertainty regarding the life cycle of the new coronavirus contagion is flattening the yield as a flight to quality is driving down treasury yields.  With the Fed expected to stay on hold this week, shorter maturity bond yields have declined less than long term maturities. So this week the… Read more »

Repo Crisis Continues

The Fed is still supplying an incredible $200 billion of short term financing to repo markets.  The Fed plans on printing money in order to buy nearly $50 billion in T-Bills a month in a misguided attempt to end the emergency injections of cash. The Fed already printed so much money that banks have $1.3… Read more »