Money Market Funds Hit $7.92T Record as Cash Piles In
US money market fund assets climbed to a record $7.92 trillion the week ending June 17, 2026, with institutional money driving the latest leg up.
fixed income
Bond Duration and Convexity: How Prices Move with Yields
Duration measures bond price sensitivity to yield changes; convexity corrects the curve. Formulas, a worked example, and a snapshot table.
Bond Convexity Explained: Why Duration Isn’t Enough
Duration is a tangent line; convexity is the curvature. Here is the formula, a worked 10-year Treasury example, and why MBS has negative convexity.
IG Credit Spreads Near 3-Year Lows as Corporate Borrowers Rush In
Investment-grade credit spreads compressed to 79 basis points in May 2026, near their tightest in over three years, as companies race to lock in cheap borrowing costs.
Bond Pricing, Yield, and Duration: The Complete Guide
Why do bond prices fall when yields rise? Learn how bond pricing, yield to maturity, duration, and convexity work — with real examples and current Treasury data.
Private Credit’s $2 Trillion Moment: Rewriting Capital Markets
Private credit has crossed $2 trillion in global AUM, displacing banks and reshaping how companies borrow. Here’s what’s driving the boom and the risks investors should watch.
IMF Warns U.S. Debt Is Eroding the Treasury Safe-Haven Premium
The IMF says runaway U.S. debt is eliminating the traditional safety premium on Treasury bonds — and the implications stretch far beyond fixed income.
The Yield Curve Is Steepening: What It Signals in 2026
The 10-year Treasury yield sits at 4.25% as the curve re-steepens after years of inversion. What it signals for banks, mortgages, and equities.
The Mortgage Lock-In Effect: Why Millions Won’t Move
Over half of U.S. homeowners hold COVID-era mortgages at sub-4% rates. How this lock-in is reshaping housing supply, MBS markets, and Fed policy in 2026.
Foreign Investors Are Selling US Treasuries: What It Means for 2026
Foreign holdings of US Treasuries are declining as trade tensions escalate. Here’s what’s driving the selloff and what it means for yields, the dollar, and American borrowers.