Bond

Widespread AT&T Outages Reported Across The U.S.

Two weeks after a massive Amazon cloud outage crippled numerous websites on the East Coast, this morning users of AT&T across the nation are reporting widespread outages in their cellphone service. This appears to be confirmed by the current downdetector.com data on reported problems with the cellphone carrier.

10 Straight Weeks Of Equity Inflows As All The New Money Goes To ETFs

The flood of retail money into the global stocks showed no sign of relenting in the latest week, after investors around the globe pumped money into stocks for the tenth straight week, according to EPFR data cited by BofA, which showed some $11.8 billion in equity inflows, however in continued disappointment for active asset managers, over $15 billion of was allocated to ETFs, while mutual funds saw another outflow of $3.6 billion.

S&P Futures, Global Stocks Jump Ahead Of US Payrolls As Global Bond Rout Continues

European and Asian shares rise along with a jump in S&P futures which are pointing to a solidly green open on US payrolls day. The dollar, trading somewhat weaker against the euro was stronger against the yen, and was on track for its firth week of gains, while the rout in global Treasuries continued following a Mario Draghi conference that was interpreted as more hawkish than expected.

It's 1994 Again: Why Albert Edwards Expects An Imminent "Bond Market Bloodbath"

"Accelerated Fed rate hikes will cause tremors in the Treasury bond markets, forcing rates up, most especially in the 2 year – just like 1994. But as yet another central bank-inspired global recession unfolds, I  believe US 10y bond yields will ultimately converge with Japanese and European yields well below zero"

Energy Credit Risk Soars As Crude Carnage Continues

Just when you thought it was safe to go all-in on energy stocks, credit, and commodities because, well, what could go wrong; crude's collapse in the last few days (amid record long speculators) has smashed Energy credit markets and sent high-yield bond prices cratering.

Crude Plunges Below $49, Dragging Markets Lower; All Eyes On Draghi

While trader attention will soon be focused on the ECB and any potential tightening hints from the central bank, a more pressing development as US traders walk in today, will be ongoing collapse in WTI, which after crashing 5.5% yesterday, has tumbled more than 2% this morning, sliding not only below $50 for the first time since December 1, but also dropped under $49, as a near record number of net long spec positions suddenly rushes to unwind their exposure.

What The Hell Is Going On? - Part 2

"Desperate households across the land aren’t clinging to guns and bibles. They’re clinging to credit cards as their only lifeline in this failing empire of debt, deception, and delusion. "