Archive

THE BOND BRO | THE SUNDAY SET-UP Week of July 6–10, 2026

Soft jobs, a crude collapse, and a long end that still won’t rally — the steepener the market keeps re-expressing.

Jobs Cooled, the Curve Steepened, and the Long End Wouldn't Follow

Municipal Energy Prepay: A Corporate Curve Hiding in the Muni Market

Quarter-End, and the Long End Is Steep Everywhere

June 30, 2026

The Curve Is Doing the Fed's Talking Now

June 29, 2026

The Long End Has Two Supply Problems

How the AI capex super-cycle quietly became a term-premium story — and why the naked long end is structural, not a mood.

The Long End Stays Naked — Friday brief, one chart, anchor + companion.

Risk-off everywhere, and the 30-year still won't bid. A twist steepener that says the long end is on its own now.

The Long End Finally Exhales

What Warsh Killed, and What the Market Built in Its Place

For a month this desk ran one call — that Warsh would demolish forward guidance first. He did. The lesson isn't that the call was right. It's what rushed in to fill the space.