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There's More Juice Left In The Trade For Higher Real Yields
There's More Juice Left In The Trade For Higher Real Yields
Authored by Simon White, Bloomberg macro strategist,
TIPS continue to mean revert and risk overshooting to the downside, leading to a continuation in rising real yields.
Real yields in the US have had a remarkably good run, with 10-year reals bottoming at about 1.72% at the end of March and rising to near 20-year highs at 2.43% currently. That’s even more remarkable when you consider that oil has on net risen almost 70% over the same period.
TIPS were overbought coming into...
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Newsom Signs New Election Codes Into Law Ahead Of Statewide Primary
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Authored by Kimberly Hayek via The Epoch Times,
California Gov. Gavin Newsom signed into law additions to the election code on Wednesday, which his office says will protect state elections against any attempts of political interference by the Trump administration and its allies ahead of the November midterm elections.
California Gov. Gavin Newsom at a conference in Belem, Para State, Brazil, on Nov. 11, 2025. Mauro Pimentel/AFP via Getty Images
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