Tom Graff

Recent Articles By The Author

Volcker Rule Revisit Unlikely to Revive Fixed-Income Trading

Volcker Rule Revisit Unlikely to Revive Fixed-Income Trading

Potential reform of the Volcker Rule won't revitalize the bond market.

What the 10-Year Treasury Auction Revealed

What the 10-Year Treasury Auction Revealed

Auctions can provide important information about bond demand, yields and where things are headed.

China, Trade Will Be More Impactful to Markets Than Jobs Report

China, Trade Will Be More Impactful to Markets Than Jobs Report

So how tight is the economy, and what are the consequences as it get tighter?

What the Fed Decision Means for Stocks and Bonds and How I'm Playing It

What the Fed Decision Means for Stocks and Bonds and How I'm Playing It

Tricky crosswinds facing the central bank will have major implications on the markets.

What a 3% Yield on the 10-Year Treasury Means for Stocks

What a 3% Yield on the 10-Year Treasury Means for Stocks

Many people have the wrong impression about the relationship between interest rates and stocks, which could lead to trading mistakes.

What a 3% Yield on 10-Year Means for Stocks

What a 3% Yield on 10-Year Means for Stocks

If rates rise and earnings stall, that will be a problem for equities.

Is Unemployment Too Low?

Is Unemployment Too Low?

The Fed will keep raising short-term rates, but longer term yields are likely to fall.

Even 'Doves' See Higher Interest Rates

Even 'Doves' See Higher Interest Rates

The minutes of the latest Fed meeting show remarkable uniformity among FOMC members.

3 Trades I'm Making Off the Jobs Report, And How the Numbers Will Affect the Fed

3 Trades I'm Making Off the Jobs Report, And How the Numbers Will Affect the Fed

The narrative that the job market was reaccelerating now seems off base.

Are Interest Rates No Longer a Problem?

Are Interest Rates No Longer a Problem?

I have a few takes on this along with some updated thoughts on how I'm positioning portfolios.