Good Monday am, I hope you had a Merry Christmas (three more trading days for the year), While bonds aren't closed for business this week, it wouldn't much matter if…

Good Thursday AM on the Eve of Christmas Eve, No real outsized Santa rally today, equity markets are up but I would call it more Elf sized than Santa sized.…

Good Wednesday AM (on this best day of the week), Bonds are flat to slightly down this morning. The news released this morning was more unfriendly than friendly for bonds.…

Good Tuesday AM, Markets are quietish. Push and pull as expected on thin volume. Stocks clobbered yesterday, much better today, at the cost of bonds and rates. These moves are…