Duration & Credit Pulse: January 24, 2025
Duration & Credit Pulse – Week Ending January 24, 2025 | Mariemont Capital Duration & Credit Pulse Week Ending January 24, 2025 Executive Summary Bottom Line: Markets displayed remarkable equilibrium during Trump’s inauguration week, with Treasury yields edging marginally lower while credit spreads compressed to extreme tights. The VIX’s decline to the 18th percentile signals […]
Duration & Credit Pulse: January 17, 2025
Duration & Credit Pulse – Week Ending January 17, 2025 | Mariemont Capital Duration & Credit Pulse Week Ending January 17, 2025 Executive Summary Bottom Line: Treasury yields retreated meaningfully as December CPI data reinforced disinflationary trends, while pre-inauguration uncertainty drove a classic flight-to-quality bid. The 10-year yield’s 13bp decline from extreme 99th percentile levels […]
Duration & Credit Pulse: January 10, 2025
Duration & Credit Pulse – Week Ending January 10, 2025 | Mariemont Capital Duration & Credit Pulse Week Ending January 10, 2025 Executive Summary Bottom Line: A blockbuster December jobs report and hawkish Fed minutes from earlier in the week drove Treasury yields to extreme levels (99th percentiles), as markets priced peak uncertainty about Trump […]
