From the Desk of Our CIO

Bond Bulls Break Records

The U.S. Treasury sold a record $42 billion of 10-year notes on Wednesday and, much to relief of bond bulls, the auction saw strong demand with a bid-to-cover higher than the average over the past six auctions. The auction also stopped through, which means that the highest yield resulting from the auction was lower than […]

From the Desk of Our CIO

Decoding Macro Trends

Check out this great podcast from Bloomberg Odd Lots and Kris Sidial on the growing popularity of options trading! Kris Sidial notes that along with overall option volume growing, the market maker ecosystem has become more concentrated, increasing the risk of positioning pressure should there be an event that kicks volatility into high gear. A great […]