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The Number That Moved Treasury Yields

The Number That Moved Treasury Yields

The largest foreign holder found better returns at home.

Jun 30, 2026

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5 min read

Where 22 Cents of Your Taxes Go

Where 22 Cents of Your Taxes Go

The interest bill now tops defense and Medicaid.

Jun 29, 2026

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4 min read

How Big Tech Earnings Circle Back

How Big Tech Earnings Circle Back

Half came from a stake in the company spending it back.

Jun 26, 2026

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4 min read

What $7 Billion in Exits Revealed

What $7 Billion in Exits Revealed

One portfolio saw 40% of shares requested for buyback in a quarter.

Jun 25, 2026

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5 min read

54 Stocks Run the S&P 500

54 Stocks Run the S&P 500

Weight doubled in a decade while earnings barely moved.

Jun 24, 2026

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5 min read

How Banks Buried CRE Stress

How Banks Buried CRE Stress

Over half now exceed the threshold regulators watch closest.

Jun 23, 2026

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5 min read

How Oil Rewired the Fed's Forecast

How Oil Rewired the Fed's Forecast

The largest Fed-day jump since March 2008.

Jun 22, 2026

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5 min read

A Bond Spread Not Seen Since 1998

A Bond Spread Not Seen Since 1998

The premium investors earn has almost nowhere left to fall.

Jun 19, 2026

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4 min read

The Biggest Treasury Buyer Pulled Back

The Biggest Treasury Buyer Pulled Back

The math shifted when Tokyo started selling to defend the yen.

Jun 18, 2026

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4 min read

The Floor Under Fed Reserves

The Floor Under Fed Reserves

Warsh wants to shrink it. The plumbing says not yet.

Jun 17, 2026

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5 min read

A $481 Billion Loop in Bond Ratings

A $481 Billion Loop in Bond Ratings

Accuracy drifts without a public price to push back.

Jun 16, 2026

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5 min read

Three Gauges the Yield Missed

Three Gauges the Yield Missed

Fewer buyers showed up, and the pattern started in March.

Jun 15, 2026

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5 min read

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