Tom Graff

Recent Articles By The Author

Don't Invest Based on Trump's Fate

Don't Invest Based on Trump's Fate

There are many factors in play and many questions that can't be answered.

'Whew!' Says Fed With Solid April Jobs Data

'Whew!' Says Fed With Solid April Jobs Data

If you had any doubt the Federal Reserve would be hiking in June, doubt no more.

Why Is There a Reaction to Fed Inertia?

Why Is There a Reaction to Fed Inertia?

Stocks rally slightly and odds of June rate hike jump.

Le Pen Isn't Mightier Than the Bond

Le Pen Isn't Mightier Than the Bond

French election outcome calms some fears, but there are other reasons why rates have fallen.

Le Pen Isn't Mightier Than the Bond

Le Pen Isn't Mightier Than the Bond

French election outcome calms some fears, but there are other reasons why rates have fallen.

I Am a Bit Short on Duration

I Am a Bit Short on Duration

I am sizing the trade to give me good staying power in case we do something irrational.

Treasury Rates Break Important Technical Level

Treasury Rates Break Important Technical Level

Treasury rates are likely headed lower in the near term.

A One-Month Jobs Aberration, or Something More?

A One-Month Jobs Aberration, or Something More?

The idea that perhaps March's very low employment reading is just statistical noise is boosted by two facts.

Is the Market Right or Is the Fed Right?

Is the Market Right or Is the Fed Right?

I don't see much scope for rates to keep falling without a meaningful change in Fed expectations.

Did Tuesday Reverse the Trump Trade?

Did Tuesday Reverse the Trump Trade?

Certainties have deteriorated amid GOP infighting and Russia issues.