Municipal Bonds Explained: GO vs Revenue and the Tax Angle
Plain-English guide to municipal bonds: GO vs revenue, how the federal tax exemption changes your real yield, and why munis default less than corporates.
Plain-English guide to municipal bonds: GO vs revenue, how the federal tax exemption changes your real yield, and why munis default less than corporates.
A plain-English guide to the Treasury yield curve: what it is, the four shapes, why it can invert, and what each shape says about the economy.
Repos and reverse repos move trillions of dollars daily. Learn how repurchase agreements work, what the Fed’s RRP facility does, and why it matters to markets.
The U.S. government is forced to issue more debt than projected as cash flows weaken — and long-term Treasury yields are holding stubbornly high in a dynamic analysts call unprecedented since 1990.
Norges Bank raised its benchmark rate to 4.25% on May 6, 2026 — the only major European central bank to hike this year — as Norway’s CPI stayed at 3.6%, well above target.
The Fed held rates at 3.5%–3.75% for a third straight meeting. With the 10-year yield near its 2026 high and investors pricing no cut until late 2027, capital markets face a prolonged high-rate environment.
The 30-year Treasury yield closed at 5.025% on May 4, 2026 — crossing a key threshold. Here’s what the curve’s steepest gap since 2022 signals for rates, mortgages, and capital markets.
High yield bonds have delivered 9% one-year returns while long-duration Treasuries struggle near breakeven. Here’s what the 2026 credit divergence means.
The April 29 FOMC meeting ended in an 8-4 split — the Fed’s most divided vote in years, with dissenters on both sides. Here’s what it means for Treasury yields.
Learn how the yield curve works, why it inverts, and what historical inversions have meant for the US economy — with verified current Treasury yield data from the Federal Reserve.